33 min
Climate Change, the Housing Market, and Systemic Stability LaSalle Street
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- Business
LaSalle Street hosts a discussion on the potential effects of climate change on housing market values and whether such risks could impact systemic stability.
Financial market participants are increasingly aware of climate risk, but a comprehensive risk-management approach to climate change risk has not been developed yet. In this episode, we discuss the potential effects of physical and transition risk on the housing market—and how that risk flows into financial markets through borrowers and lenders, investors, and insurers.
Joining host Alessandro Cocco, vice president of the Financial Markets Group at the Chicago Fed, are Eric Hogue, risk specialist at the Federal Reserve Bank of Kansas City, Jesse M. Keenan, associate professor of real estate at Tulane University’s School of Architecture, and David Rodziewicz, senior economics specialist at the Federal Reserve Bank of Kansas City.
LaSalle Street hosts a discussion on the potential effects of climate change on housing market values and whether such risks could impact systemic stability.
Financial market participants are increasingly aware of climate risk, but a comprehensive risk-management approach to climate change risk has not been developed yet. In this episode, we discuss the potential effects of physical and transition risk on the housing market—and how that risk flows into financial markets through borrowers and lenders, investors, and insurers.
Joining host Alessandro Cocco, vice president of the Financial Markets Group at the Chicago Fed, are Eric Hogue, risk specialist at the Federal Reserve Bank of Kansas City, Jesse M. Keenan, associate professor of real estate at Tulane University’s School of Architecture, and David Rodziewicz, senior economics specialist at the Federal Reserve Bank of Kansas City.
33 min