Why More Climate-Resilient Locations Need to Be Subsidized for Housing Buyout Relocations
“Why do more climate-resilient locations need to be subsidized for housing buyout locations?”
Housing buyouts will allow homeowners to leave environmentally high-risk areas. However, since environmental dangers may drive down their home’s price and areas that are more resilient to climate change are more expensive, relocating to the latter zones may prove to be troublesome. To prevent a large-scale social stratification from happening, Why More Climate-Resilient Locations Need to Be Subsidized for Housing Buyout Relocations so everyone can live safely.