Power Marketplace’s public service journalism 💙 Give Now
Is Miami’s housing market ignoring the climate crisis?
Oct 25, 2022
Episode 801

Is Miami’s housing market ignoring the climate crisis?

From the "How We Survive" podcast: Selling Miami

Today, we’re bringing you an episode from “How We Survive”, Marketplace’s podcast about solutions to climate change. Hosted by Marketplace senior correspondent (and occasional “Make Me Smart” host) Amy Scott, this season of “How We Survive” is all about how we will (or won’t) adapt to rising waters.

The team headed to Miami, Florida, which is now considered one of the most vulnerable coastal cities in the world. But you’d never know that by looking at the local housing market. Florida’s economy is powered by real estate, and the state has no income tax. Local governments depend on revenue from property taxes, which is a precarious situation to be in when billions of dollars of property is at risk from rising seas and flooding (not to mention hurricanes).

In this episode we’re asking: If Miami is doomed, why isn’t the housing market acting like it? 

“How We Survive” Season 2 is out now with new episodes dropping every Wednesday.

None of us is as smart as all of us.

No matter how bananapants your day is, “Make Me Smart” is here to help you through it all— 5 days a week.

It’s never just a one-way conversation. Your questions, reactions, and donations are a vital part of the show. And we’re grateful for every single one.

Donate any amount to become a Marketplace Investor and help make us smarter (and make us smile!) every day.

The team

Marissa Cabrera Producer
Bridget Bodnar Senior producer
Tony Wagner Digital Producer
Marque Greene Associate Producer

This is NOT a paywall. 

Marketplace is community-funded public service journalism. Give in any amount that works for you – what matters is that you give today.