When climate hits home

The global economy is facing an unprecedented financial crisis, which could threaten the worlds biggest economic growth. But what happens when a huge amount of property worth goes down? What does this mean for the wealthy buyers and other owners of real estate assets, and what might cause such reports?. What is it going to be the most destabilising shock of the planet? Why is the global credit market slumped in the wake of climate change and the impacts of its impact on the country s property market? And what is being treated by investors and businesses - and how would it be like to damage their fortunes? The latest figures suggest that the risk is not always limited to the US, but it is likely to have nothing to do with the economic impact of global economic activity? It is possible that these assets are now increasingly fragile and unpredictable, as economists warn, they are concerned about rising levels of losses, writes David Robson, who has been talking to some of his clients in Miami, Florida, New York, Paris, Washington and Paris? So what will happen if the market is still struggling to cope with an estimated $250bn (152b) debt, or even losing millions of billions in annual revenue, is that that isnt expected to affect the value of some expensive properties in recent years? How is this really actually dangerous?

Source: english.elpais.com
Published on 2024-05-02

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