Home Buyers Consider Climate Risk, Mostly Buy Where They Want Anyway
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There are plenty of factors to run through when buying a new home in an unfamiliar area: Is it in a good school district? What's the crime rate? Is it a reasonable commute to work?
Add climate change to the list. Roughly 80% of new home buyers, most of whom are Millennials or Xoomers, consider at least one climate risk while looking for a new home, Zillow reported. "While all generations juggle trade-offs like budget, floor plans and commute times, younger home shoppers are more likely to face another consideration," said Manny Garcia, Zillow senior population scientist, in a press release. "They want to know if their home will be safe from rising waters, extreme temperatures and wildfires."
Source Fool.com
