Americans are moving toward climate danger in search of cheaper homes

BLOOMBERG • July 24, 2023

Many Americans are actually choosing to move to Zip codes with a high risk of experiencing wildfire, heat, drought and flood, according to a new study on domestic migration by Redfin, an online real estate brokerage firm. In fact, the nation’s most flood-prone counties experienced a net influx of about 400,000 people in 2021 and 2022. That represents a 103% increase from the two-year period before that. It’s not that people don’t care about climate dangers. Concerns about affordability are primary and dominate everything else.