CEO Parag Khanna is quoted in a New York Times article on strategies homeowners can implement to help stem climate change. His solution is to factor in climate change into your next move.
As summers get hotter and winters get more extreme, he expects more Americans to start seeking out new locations with climate stability in mind. To read the full article in the New York Times by Debra Kamin click here.
Ultimately, Khanna's recommendation to homeowners is to "plan a move carefully."
Climate is also a factor in where people are choosing to move. Many are now looking to go further.
If you’re in an area with high risk of wildfire, flood or drought, “Moving five or 10 miles doesn’t make a lot of sense,” said Parag Khanna, chief executive of Climate Alpha, a platform offering climate-change real estate strategies.
As summers get hotter and winters get more extreme, he expects more Americans to start seeking out new locations with climate stability in mind.
“The whole idea of picking that one spot with that white picket fence and spending the next 60 years of your life there — I’m not sure that’s the best strategy based on today’s economy, let alone today’s climate,” he said.