One out of every 4 homes is at ‘severe or extreme’ climate risk, study says

If major flood risk areas identified by the First Street are taken into account, this gap could be even larger. New York, Los Angeles, and San Francisco have the biggest gaps, in dollar terms. New York has a $95.3 billion vulnerability, according to the study, LA has $65.6 billion, and San Francisco has $54.9 billion.

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