Parinitha Sastry

Jan 16, 2025 | nytimes.com | Parinitha Sastry |Ishita Sen

Our policies encourage Americans to flock to areas particularly prone to climate-related disasters.

Dec 11, 2024 | marketwatch.com | Stijn Van Nieuwerburgh |Parinitha Sastry

Outside the BoxFannie Mae and Freddie Mac don’t factor climate change into rates. More frequent floods, hurricanes and wildfires raise systemic default risk. By Stijn Van Nieuwerburgh and Parinitha SastryPublished: Dec. 11, 2024 at 8:05 a.m. ETAmericans have been moving into locations that are prone to flooding, hurricanes, and wildfires. Photo: APWhen mortgage rates are too low in high-risk areas, it encourages building in dangerous locations and having people move there.