The Stormy Future: What a Super El Niño Means for Global Real Estate The recent National Oceanic and Atmospheric Administration (NOAA) advisory on an impending super El Niño has sent shockwaves through climate communities, but what does this mean for real estate markets?
While the media is abuzz with predictions of extreme weather events, we should focus on the long term implications of a potentially record breaking El Niño.
The term "super" or "Godzilla" El Niño is being bandied about, and while it's true that this event has the potential to rival historic disasters like those in 1982 1983 and 1997 1998, we must separate hype from reality.