Why Housing Markets in Areas Less Prone to Extreme Heat Waves May Become More Expensive Because of Climate Change

Why Housing Markets in Areas Less Prone to Extreme Heat Waves May Become More Expensive Because of Climate Change

Why Housing Markets in Areas Less Prone to Extreme Heat Waves May Become More Expensive Because of Climate Change

07/15/21

“Why will places with cooler climates become more expensive to live in?”

Temperatures all over the world are going to become hotter because of climate change. However, places with cooler climates will be less drastically-affected on a year-round basis. Even though these areas will still be subject to deadly heat waves, their perception of safety will drive demand to live there and therefore increase prices. This is Why Housing Markets in Areas Less Prone to Extreme Heat Waves May Become More Expensive Because of Climate Change.

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