Flood zone = -30% value. How climate transforms real estate market?
The Wiśniewskis bought dream house by Vistula in 2019. View took breath away. In 2024 water reached garage. Insurer refused payout – “flood zone”. House lost 40% value in year. Not isolated case. Climate change stopped being abstraction. Is concrete factor in property valuation. Banks already know. We agents learn as we go. GERMANY introduces […]