# Globalclimate
Global Climate Change Could Impact Florida Real Estate Market
Changes in global climate impacting Florida real estate.Photo byPhoto by Pixabay. In recent times, the world has experienced climate change. It has affected the real estate market in so many ways. From rising prices to a decline in popularity in some regions, the impact of weather and climate change has been significant in the last couple of years. There is no mistake about the effect climate change has on communities worldwide. There are plenty of examples, from the heavy rainfall resulting in widespread flooding and landslides in the Netherlands, Florida, Australia, and vast tracks of the US to the ferocious wildfires and droughts in Greece, Australia, and California. Also, areas like Europe record the hottest temperature of 48.8 degrees Celsius. Unfortunately, the truth is that climate risks are mostly underestimated and mispriced, especially by participants in real estate markets.