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What Are the Asset Values of Your Beach House?
As climate change intensifies natural disasters and warming temperatures can lead to declines in asset values that could cascade through the financial system. So imagine, Jason, that you have like a beach house somewhere along say the coast of California. That's worth like what a million dollars. If my gosh, right. When things are no way. The sea level is rising. And when we were talking about climate change, it's not just about water level rising. It's about extreme weather conditions. You know, these, yeah, not so safe anymore."