FT Rethink
Coastal cities and “climate gentrification”
Changing climate patterns are having a big impact on our habitats and our behaviours. Ed Crooks, US Industry and Energy Editor for the Financial Times travels across the United States to explore vulnerable coastal cities that are suffering from the destabilising impact of severe weather patterns, and its consequences on real estate markets. This is a concept known as “climate gentrification”.
Given the growing risks of a warming world and rising inequality, investment strategies will have to change.
To discover more on climate gentrification, watch the video here.
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