$32B In U.S. Flood Damage Forecast By 2051

The video discusses the current and future economic impact of flood damages, highlighting that $20 billion in damages occurred this year. The 1st St Foundation projects these damages could rise to $32 billion by 2051. As awareness of flood risks and insurance costs increases, it is expected to influence home prices.

What is the estimated amount of flood damages to homes this year according to the 1st St Foundation?

• $10 billion

• $20 billion

• $30 billion

• $40 billion

What organization provided the estimates regarding flood damages?

• 1st St Foundation

• Red Cross

• FEMA

• National Weather Service

By what year could the flood damages potentially reach up to $32 billion?

• 2025

• 2030

• 2040

• 2051

According to the text, what is the role of awareness in relation to flood risk?

• It decreases flood risk

• It increases insurance costs

• It impacts home prices

• It has no effect

What factors are contributing to the impact on home prices as mentioned in the text?

• Increased flood risk

• Higher insurance costs

• Both A and B

• None of the above