Morgan Stanley — "Climate Will Be A Key Driver Of Asset Prices In The Months And Years Ahead"

Anecdotally, several acquaintances have altered their view of future real estate prices and prospects, affecting their decisions on RE purchases and sales to reduce risk in view of expected or demonstrated location exposure. A very small sample, but it seems this could already be happening.

If so, this is where the rubber hits the road.

Zero Hedge
Morgan Stanley: "Climate Will Be A Key Driver Of Asset Prices In The Months And Years Ahead"
Tyler Durden