2min chapter

FiveThirtyEight Politics cover image

How Climate Change Will Reshape Where Americans Live

FiveThirtyEight Politics

CHAPTER

The Evolution of the Private Housing Market

"I think in a lot of cases the sequence of events will basically be very bad thing happens. Private housing market goes kind of haywire, homes lose value and then you have kind of a rush for the exits or just a temporary panic," he says. "And I think at that point it'll be incumbent on the government to take out the money hose and say we're not saying get out for no money."

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