Today’s The Verge article (link below) cites a new respectable study on sea level rise impact on America’s cities, in particular vulnerable affordable housing, already in short supply. As expected, the study cites that impact on low-income folks is most severe.
Scary.
Real estate is the largest industry in the world. Yes the biggest.
Commandment 5 of our book says to respect market cycles. Sea level rise and impact on housing is visible, predictable long-term trend.
How will investors be impacted – how can investors help depoly capital in this sector to help solve this massive problem – and profit from it at same time?