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83 percent of home shoppers consider climate risk: study
A new study from Zillow.com reveals that over 80% of home shoppers are now considering the effects of human-caused climate change, with flooding being their top concern.
Younger home shoppers, particularly those in the millennial and Gen Z age groups, are more likely to prioritize climate risks when deciding where to purchase a home.
While climate risk is influencing attitudes, most prospective home buyers still plan to stay in areas with similar levels of climate risk, and affordability remains a major factor in their decision-making process.