Sep 20, 2023

The climate crisis will make housing affordability even worse

Saul Loeb/AFP via Getty Images

Millions of homeowners in the U.S. are paying insurance premiums lower than what's needed to cover the risk they face from climate change. A price correction is coming.

Segments From this episode

Examining the relationship between climate change and real estate

by Nova Safo

A new report from the First Street Foundation finds that the price of insurance premiums are not keeping up with the amount of risk homeowners face as the climate crisis plays out. Marketplace’s Nova Safo reports.

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Music from the episode

Pulaski at Night Andrew Bird

The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Ariana Rosas Producer

Dylan Miettinen Digital Producer

Jesson Duller Media Producer

Nick Esposito Media Producer

Nic Perez Director/Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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