Arizona's Housing Market and Water Supply in Peril from Climate Change

Climate change is causing chaos in the housing market as insurance companies and state governments across the Sun Belt try to prepare for or prevent future disasters. The dry climate in the Southwest is being made more extreme by climate change, leading to a water shortage in one of the nation's fastest-growing areas. Insurance companies are hiking rates due to climate change-related growth in natural disasters, and some homeowners are reporting that their insurance premiums have doubled in the last year. The combination of more extreme droughts and heat waves is causing more drastic wildfires and a lengthening of the wildfire season.