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Home values suffer $42 billion loss in flood zones
Manage episode 514944961 series 5427
More than one in 10 houses in Australia are in flood risk zones, tanking market values as the impacts of climate change worsen.
A new report out today by the Climate Council and property insights firm PropTrack puts a dollar figure on it for the first time at $42 billion dollars.
- Guest: Nicki Hutley, independent economist with the Climate Council
- Producer: Eddy Diamond
495 episodes
Manage episode 514944961 series 5427
More than one in 10 houses in Australia are in flood risk zones, tanking market values as the impacts of climate change worsen.
A new report out today by the Climate Council and property insights firm PropTrack puts a dollar figure on it for the first time at $42 billion dollars.
- Guest: Nicki Hutley, independent economist with the Climate Council
- Producer: Eddy Diamond
495 episodes
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