Jeremy Porter

Dr. Jeremy Porter, an expert in environmental health sciences, discusses the alarming impact of climate change on home insurance and real estate values. He highlights how insurers are withdrawing from high-risk states, which threatens homeownership and economic stability. The conversation covers climate-driven migration patterns, the challenges of rising premiums, and the growing awareness of environmental hazards. Porter emphasizes the need for better climate risk data and questions the future of wealth tied to real estate in an increasingly unstable environment.

Renee Collini, Director of the Community Resilience Center, and Jeremy Porter, Chief Economist at First Street, delve into the intricate issues surrounding sea level rise. They discuss how local communities must lead decisions on adaptation and resilience. Collini emphasizes the importance of understanding localized flood risks beyond outdated FEMA maps. Porter highlights how market data on flooding influences homebuyer decisions and predicts that wealthier areas will invest in protective measures, while many vulnerable regions may face abandonment.