When Climate Change Leads to Mortgage Defaults
Simple steps to make sure lenders and homebuyers — not taxpayers — bear the risk. By Matthew E. Kahn and Amine Ouazad3 October 2019, 13:00 BST Rising risk of default. Photographer: Chip Somodevilla/Getty Images Matthew E. Kahn is a Bloomberg Distinguished Professor of economics and business and the director of the 21st Century Cities Initiative …