hurricane damage

In Florida, Gentrification And Increased Property Values Follow Hurricanes, Says New Study

Wealthier people tend to sweep into impacted communities, purchasing homes even at the increased purchase price following a hurricane according to a new study. The data showed home prices in hurricane-ravaged areas are 5% higher on average than unaffected ones, which attracts people who could afford them. CLICK ON THE HEADLINE FOR MORE

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New Climate Change Risk Study: Commercial Properties In Hurricane-Prone Cities Face Growing Price Tag

According to a study by nonprofit environmental research and technology group First Street Foundation and global commercial engineering firm Arup, retail, office and multifamily properties in hurricane-prone cities with fast-growing populations in Florida, Texas, Louisiana and North Carolina face the largest projected increases in structural damage from flash floods and rising seas over the next three decades. CLICK ON THE HEADLINE FOR MORE

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