Category «Housing»

As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose

The New York Times [unpaywalled]: “The insurance turmoil caused by climate change — which had been concentrated in Florida, California and Louisiana — is fast becoming a contagion, spreading to states like Iowa, Arkansas, Ohio, Utah and Washington. Even in the Northeast, where homeowners insurance was still generally profitable last year, the trends are worsening. …

Subjects: Climate Change, Economy, Environmental Law, Housing

‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Bloomberg via Yahoo Finance: “Roughly one in 37 homes are now considered seriously underwater in the US, and that share is much higher across a swath of southern states. Nationally, 2.7% of homes carried loan balances at least 25% more than their market value in the first few months of the year. That’s up from …

Subjects: Climate Change, Economy, Environmental Law, Financial System, Housing

Cost of Living by County, 2023

Via Reddit: “Map created by me, an attempt to define cost of living tiers. People often say how they live in a HCOL, MCOL, LCOL area. Source for all data on cost of living dollar amounts by county, with methodology: https://www.epi.org/publication/family-budget-calculator-documentation/ To summarize, this cost of living calculation is for a “modest yet adequate standard …

Subjects: Economy, Food and Nutrition, Government Documents, Health Care, Housing, Transportation

Spring 2024 Harvard Youth Poll

The Spring 2024 Harvard Youth Poll surveyed 2,010 young Americans between 18- and 29 years old nationwide, and was conducted between March 14-21, 2024. Top Issues – Inflation; Healthcare; Housing; Gun Violence – “A national poll released today by the Institute of Politics (IOP) at Harvard Kennedy School indicates that among 18-to-29-year-olds nationwide, more than …

Subjects: Economy, Education, Health Care, Housing

The Flooding Will Come “No Matter What”

ProPublica – The complex, contradictory and heartbreaking process of American climate migration is underway –  “This article is an excerpt from the book “On The Move: The Overheating Earth and the Uprooting of America,” about climate migration in the U.S. For more, see abrahm.com. “Another great American migration is now underway, this time forced by …

Subjects: Civil Liberties, Economy, Environmental Law, Financial System, Housing, Transportation

Mapping America’s access to nature, neighborhood by neighborhood

Washington Post – “A city is a science experiment. What happens when we separate human beings from the environment in which they evolved? Can people be healthy without nature? The results have been bleak. Countless studies have shown that people who spend less time in nature die younger and suffer higher rates of mental and …

Subjects: Climate Change, Environmental Law, Housing

Home Insurance Rates to Rise 6% in 2024 After 20% Increase in Last 2 Years

Insurify: “Home insurance rates are rising, influenced by climate catastrophes and inflation, leaving homeowners uncertain about future expenses. The average annual rate increased by 19.8% between 2021 and 2023, from $1,984 to $2,377.  Insurify projects a 6% increase in 2024, placing rates at $2,522 by the end of the year. Early weather forecasts predict a …

Subjects: Economy, Financial System, Housing