Renters bear the brunt: Flood risk to buildings rises with social vulnerability
Floods are among the most destructive natural hazards, causing billions of dollars in economic loss each year. By 2050, flood-related losses in the United States are expected to increase by 26%, with the share of properties facing at least a 1% annual chance of moderate to major flooding rising from 9% to 10%.
Floods are among the most destructive natural hazards, causing billions of dollars in economic loss each year. By 2050, flood-related losses in the United States are expected to increase by 26%, with the share of properties facing at least a 1% annual chance of moderate to major flooding rising from 9% to 10%.
