HousingWire Lead analyst Logan Mohtashami joins Wealth! host Brad Smith to discuss how climate disasters impact the housing market through insurance availability challenges.

Mohtashami explains that climate risks have created a concerning situation where certain parts of the United States may become effectively uninhabitable. He points out that due to the unavailability of insurance or mortgage products in high-risk regions, purchases would be limited to all-cash buyers.

"That is not a functioning housing market," he emphasizes, highlighting how this situation could fundamentally alter the accessibility of housing in vulnerable areas.

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