We live in a golden age of magical thinking, and I’m not just talking about the trillions of dollars being burned on artificial intelligence. When it comes to our rapidly heating planet and its effects on our future, too many of us have adopted a strategy of simply ignoring reality to make it go away.
“Displaying the probability of a specific home flooding this year or within the next five years can have a significant impact on the perceived desirability of that property,” Art Carter, chief executive officer of the California Regional Multiple Listing Service, a private database for real estate brokers and agents, told the Times.
Yea, no shit. That’s the point of including climate risk when it comes to choosing a property.
Flood prone areas don’t pop up overnight. The people in Swannanoa NC were living in a known floodplain that had a massive flood about 100 years ago. Same with the Guadalupe River that averages a major flood every decade. Climate change is making these events larger and more frequent, but excluding data from a real estate listing to supposedly increase home value is nonsense at best and fraud at worst.
It’s just literal fraud
I would go so far as to say corporate sponsored murder at worst…
Yeah its fraud at best, murder at worst