This Grist.org Disaster Economy cites that a third(!) of disaster survivors report experiencing some form of fraud, illustrating how common and damaging these practices are. Scams not only devastate individual families but also strain insurance systems, raising costs for everyone.
New research from Harvard shows frequent and severe disasters are driving a great amount of home remodeling spending, with spending estimates topping $20B per year, nearly 3X versus 2003.
This Grist.org Disaster Economy article details that one in four U.S. houses—worth $13 trillion collectively—faces severe or extreme weather threats, the piece highlights how climate change is no longer a distant concern but a financial and daily reality for millions of people.