TechWired1h ago

The American Dream Wasn’t Built for Climate Change

The American Dream Wasn’t Built for Climate Change

TL;DRClimate disasters are turning home ownership from wealth-building into financial risk.

Why it matters: Rising insurance costs and property damage threaten the core wealth-building tool for middle-class Americans.

Owning a home is billed as a way to build wealth, but amid climate-related disasters, for many, it's beginning to feel like a trap.

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Source: Wired · Opens in new tab