I..... personally think that is a good thing ......for nature anyways !!!!!! ...animals are running out of place to live shite....... and breed ......people with too much money.......... especially .......new loudmouthed..... money...... like zucherburg ....... ...building a wall around his mansion....... in Hawaii ......... you suck ass ........ mark you are a douchebag !!!!!.......you know...... you are a douchebag ......because of how you are treating the people of Hawaii ......fucker!!!!!!.......this is loud money ........but we need to stop building in forest....... and wooded areas........ let bears shit in the wood ..........what will happen when there are no more bears......... we will not be able to share that old saying ........ ....."does a bear shit in the woods"........ if there are no woods......... or bears ,,,.....then we are fucked..........proper fucked .........
How climate change is causing housing market chaos
Climate change is making it harder to build houses in Arizona or to insure them in California and Florida.
Insurance companies and state governments across the Sun Belt are trying to prepare for or prevent future disasters caused by climate change, and the housing market is being disrupted as a result.
What just happened
The Arizona state government calculated that it lacks enough groundwater for the housing construction that has already been approved around Phoenix — the 10th most populous metro region in the country. State officials won’t revoke existing building permits, Gov. Katie Hobbs said Thursday, but the government will prevent some construction to try to meet the water needs of residents in already-permitted homes.
- ADVERTISEMENT -“It’s a reality check. We need to have the water supplies in order to grow,” said Sharon Megdal, director of the University of Arizona’s Water Resources Research Center.
The water shortage in one of the nation’s fastest-growing areas is a warning sign for boomtowns across the Southwest, where the dry climate is being made more extreme by climate change.
The construction halt could exacerbate housing prices in a region that has already seen the some of the fastest housing price increases in recent years.
“Housing affordability will be a challenge moving forward,” Spencer Kamps, vice president of legislative affairs for the Home Builders Association of Central Arizona, told the New York Times.
Arizona is also one of the seven states that draws water from the fast-shrinking Colorado River, and a recent agreement between Arizona, California and Nevada to cut their water usage from the iconic river won’t be enough, according to experts.
Other recent signs of trouble
Insurance giant State Farm said last Friday that it will stop selling new homeowners insurance policies in California because of “historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market.”
The “growing catastrophe exposure” refers in part to the increasing severity of wildfires in California. Due to a 22-year megadrought and increasingly intense heat waves, the state has seen 18 of the 20 largest wildfires in its history since 2000.
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