Impact of Climate Change on Housing and Insurance

What is causing people to change their housing preferences according to the video?

• Government policies

• Technological advancements

• Rising interest rates

• Climate change and natural disasters

Which factor is NOT mentioned as contributing to the global housing crisis?

• Inflation and construction costs

• Decreasing population

• Investment companies buying real estate

• Gentrification

What is 'climate gentrification' as described in the video?

• The increase in property taxes due to climate change

• The development of new cities in safer areas

• The shift in real estate demand due to climate risks

• The process of renovating old buildings to make them eco-friendly

How has climate change affected insurance costs?

• Insurance costs have decreased due to fewer claims

• Insurance costs have remained stable

• Insurance costs have increased significantly

• Insurance is no longer available in most areas

What is the 'protection gap' mentioned in the video?

• The difference in insurance costs between countries

• The difference between insured and uninsured losses

• The gap in insurance coverage for different types of disasters

• The gap between rich and poor in accessing insurance

What is one proposed solution to make housing more climate-resilient?

• Increasing the number of houses in high-risk areas

• Reducing the size of houses

• Investing in climate-proof infrastructure

• Building houses with cheaper materials

Which country is mentioned as having a strong tradition of building infrastructure to deal with flood risk?

• Brazil

• Netherlands

• Australia

• United States

What is a 'sponge city' project?

• A city that uses sponges to clean pollution

• A city that uses permeable surfaces to absorb water

• A city that is built entirely on water

• A city that has no concrete or pavement

What is the role of state-backed insurance policies in managing climate risk?

• They make insurance mandatory for all

• They increase the cost of insurance

• They spread risk over more people to keep costs down

• They eliminate the need for private insurers

What is a key challenge in keeping housing and insurance affordable in the face of climate change?

• Inadequate technology for building houses

• Lack of awareness about climate change

• The need for a collective approach to risk management

• The high cost of building materials