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Climate change could trigger falling property prices in 254 ‘high risk’ Australian suburbs, the Reserve Bank warns – Business Insider Australia
Some property prices could fall by 2050 if lenders do not take stock of runaway climate change, according to a new RBA analysis….
- There are 254 “high risk” suburbs where property values could fall if Australia’s banks ignore accelerating climate change, the Reserve Bank of Australia (RBA) says.
- In new worst-case scenario modelling, the RBA states a small number of homes exposed to…
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