U.S. taxpayers outspend private insurers three-to-one to cover climate disruption costs. Paying for climate disruption was one of the largest non-defense discretionary budget items in 2012. Private insurers themselves only covered about 25 percent of these costs, leaving the federal government and its public insurance enterprises to pay for the majority of the remaining claims.
recovery
The Correlates of Housing Price Changes with Geography, Density, Design and Use: Evidence from Philadelphia (Congress for the New Urbanism, 2012)
University of Pennsylvania economist Kevin Gillen analyzes the stability of Philadelphia-area home prices from 2007-2012 as they correlate to walkable, urban neighborhoods versus exurban, auto-centered locales. In a reversal of trends from past recessions, the walkable, urban neighborhoods have weathered the recent housing crisis better than more car-centered counterparts.
The Correlates of Housing Price Changes with Geography, Density, Design and Use: Evidence from Philadelphia (Congress for the New Urbanism, 2012)
University of Pennsylvania economist Kevin Gillen analyzes the stability of Philadelphia-area home prices from 2007-2012 as they correlate to walkable, urban neighborhoods versus exurban, auto-centered locales. In a reversal of trends from past recessions, the walkable, urban neighborhoods have weathered the recent housing crisis better than more car-centered counterparts.