It’s hard to know how responsible one professor with a knack for marketing was for the mainstreaming of the climate haven concept. But it’s easy to see why local governments would latch onto it.
The Census Bureau estimates that as climate change warms the planet over the next several decades, 100 million will migrate into and around the US. Increased flood risk may have already pushed several million people out of coastal and low-lying areas across the US, as wildfires start to raise questions about migration in the West.
Inland cities, namely those along the Rust Belt that have been losing population for years, see an opportunity to pull those people in.
“The idea of a climate refuge itself is kind of an escapist fantasy,” said Billy Fleming, director of the McHarg Center at the University of Pennsylvania. “To the extent that a climate refuge even exists, it’s not a particularly physical or geophysical phenomenon. It’s social and economic.”
Fleming added that, for these would-be climate havens, attracting new residents is a means to pull in more tax revenue and create wealth for the community. “It’s about keeping the real estate machine churning,” he added, “which is the thing that pays for everything else in the city.”
PICTURE
Caption: A volunteer starts to rebuild in Black Mountain, North Carolina, just days after Hurricane Helene dissipated.
Credit: Allison Joyce/AFP via Getty Images
The real estate industry has taken notice. Quite coincidentally, as Hurricane Helene was bearing down on the Southeast last week, Zillow announced a new feature that displays climate risk scores on listing pages alongside interactive maps and insurance requirements. Now, you can look up an address and see, on a scale of 1 to 10, the risk of flooding, extreme temperatures, and wildfires for that property, based on data provided by the climate risk modeling firm First Street. Redfin, a Zillow competitor, launched its own climate risk index using First Street data earlier this year.
The new climate risk scores on Zillow and Redfin can’t tell you with any certainty whether you’ll be affected by a natural disaster if you move into any given house. But this is a tool that can help guide decisions about how you might want to insure your property and think about its long-term value.
