Climate Change WILL DESTROY the Mortgage Industry | Ep. 438
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- Опубліковано 15 лип 2024
- Climate change poses the biggest threat to affordable housing and the mortgage industry. Catastrophic events like wildfires, floods, and hurricanes are becoming more frequent, potentially making certain areas uninsurable or too costly to insure. 💸
This could lead to stricter lending requirements and higher costs for homebuyers in affected areas, ultimately impacting housing affordability. ☔️
Tune in as D.O. discusses the need for industry professionals to be aware of and prepared for the effects of climate change on the housing market. 🛣️
#theloanofficerpodcast #tlop #climatechange
00:00 Introduction
04:35 Climate change and its potential impact on the housing market
12:20 How climate change affects home insurance costs and affordability
22:26 Risks to mortgage-backed securities due to climate change
32:01 The future of homeownership in areas prone to climate catastrophes
The BIGGEST Risk Facing The Housing Industry is NOT Inflation.
It is NOT Supply Chain.
It is NOT Interest Rates.
Nor is it Regulation or Land Use.
The BIGGEST RISK is Climate Change!
Do you AGREE or DISAGREE? 🗣👇
Why do politicians on this side of the issue buy oceanfront property if the oceans are rising?
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AGREE - What’s crazy is for months I’ve been talking to buyers about how insurance premiums are going up which obviously affects the payment and you just made me realize it’s a lot bigger than that. Climate change is real. #notapoliticalstatement
PREEEEEACH
Pulled in every time😂😂. I Never see the alligators I actively sit on ready to calculate my findings🤷🏾♀️. Where are they Dustin I’m all over FL.
Right, I don't be seeing them ANYWHERE 🐊
SWFL, can confirm, rain at 230 every day on the dot and gone in an hour.
🌦
Build stronger homes, I have a Nigerian client that is a builder, they build their homes with concrete and steal. Ours are built like paper by comparison
🧠
We should start building brick houses.
🙋♂