Rent hikes, more homelessness as climate change bites

Rent hikes, more homelessness as climate change bites

Climbing insurance premiums and other economic symptoms of climate change are expected to push rents higher and drive homelessness without well-targeted intervention. Under a high-emissions future, characterised by the ongoing dominance of fossil fuels, homelessness rates could quadruple within a decade. The University of Sydney modelling suggests even under a low-emissions scenario, in which timely emissions cuts limit temperature rise, homeles…

Homelessness could be four times higher in a decade due to impacts from climate change