Climate change and Real estate reuven kahane

Reuven Kahane27 Oct, 2024Business

Climate change is one of our most pressing global issues, with far-reaching impacts on many aspects of our lives, including the real estate sector. Yet, surprisingly, most property buyers don’t grasp just how significant climate change is to the real estate industry. according to Reuven KahaneAs temperatures continue to rise, extreme weather events like hurricanes, heat waves, droughts, and flood risks become more frequent and severe, leading to increased damage to homes, businesses, and infrastructure. These physical changes to the landscape are already affecting the value and desirability of certain properties, and they’re likely to become increasingly significant in the coming years. As the impacts of climate change continue to grow, it’s clear that the real estate industry must take action to address this growing threat.