Attention Economy


Thursday, January 16, 2025

Climate Danger Zones - Interesting Items

Whiplash: How Big Swings in Precipitation Fueled the L.A. Fires
https://e360.yale.edu/features/daniel-swain-interview
Climate scientist Daniel Swain says that two very wet years followed by a very dry one helped to turn the Los Angeles wildfires into raging infernos. This phenomenon of “hydroclimate whiplash,” he says, is expected to occur in more and more places as the world warms.


We Have to Stop Underwriting People Who Move to Climate Danger Zones
Financial markets, if left to their own devices, would naturally force Americans to confront the ugly realities of our changing climate and deter them from flocking to places where human habitation is increasingly untenable. Unfortunately, this basic system of supply and demand has been stymied by regional and federal policies — policies supported by both Democratic and Republican lawmakers in both blue and red states who buckle under the short-term political pressure to keep home insurance premiums artificially low.

 
Where Does L.A.’s Luxury Home Market Go from Here?
Billion-dollar losses, buyers scrambling to find homes and the question of how and when to rebuild. A look at where things stand now and how the market might move forward.