The Impending Threat: Climate Change and Coveted Real Estate

1 min read
Source: CNN
The Impending Threat: Climate Change and Coveted Real Estate
Photo: CNN
TL;DR Summary

The recent heavy rainfall and landslides in Hong Kong's upscale Redhill Peninsula have highlighted the vulnerability of even the most expensive and well-constructed homes to the effects of climate change. The storm, which brought the heaviest rainfall in nearly 140 years, prompted an evacuation of three millionaire homes that were perilously close to the cliff's edge. Experts warn that extreme weather events will become more frequent, affecting both the rich and the poor. Investigations are underway to determine if building code violations contributed to the problem, raising concerns about the unequal enforcement of rules. Architects and civil engineers are calling for a review of safety standards for hillside buildings, while authorities suspect illegal alterations may have worsened the disaster.

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