December 23, 2024

Rise To Thrive

Investing guide, latest news & videos!

Americans are fleeing climate change — here’s where they can go

2 min read

Millions of Americans are living in communities with precarious climate conditions, in houses that feel overpriced.

There is a solution for many of these people, though: Move to one of the so-called climate havens.

Climate havens or climate destinations are situated in places that avoid the worst effects of natural disasters and have the infrastructure to support a larger population. Many of these legacy cities are located in the Northeast.

Climate Havens, as defined by Jesse Keenan and Anna Marandi.
CNBC

Jesse Keenan, associate professor of real estate at Tulane University, named the following cities as possible climate havens:

  • Asheville, North Carolina
  • Buffalo, New York
  • Burlington, Vermont
  • Detroit, Michigan
  • Duluth, Minnesota
  • Madison, Wisconsin
  • Milwaukee, Wisconsin
  • Minneapolis, Minnesota
  • Pittsburgh, Pennsylvania
  • Rochester, New York

Anna Marandi, who served as the program manager of climate resilience and sustainability at the National League of Cities, added four other places to the safe haven list: Ann Arbor, Michigan; Charleston, South Carolina; Chico, California; and perhaps surprisingly, Orlando, Florida.

Orlando makes the cut, Marandi said, because the city has introduced measures to decarbonize. While the natural environment, such as being a noncoastal city, is an advantage, cities can “earn” the designation by working to provide benefits like affordable housing and being committed to economic sustainability.

“I see climate migration as an opportunity for these cities to avoid the mistakes of urban sprawl,” Marandi said. “They often have a vibrant, walkable downtown that might just need a little bit of revitalization.”

Keenan also stressed that climate haven cities need to help their own residents, which in turn will attract more climate migrants.

“This isn’t we’re going to build a community for tomorrow,” he said. “We’re going to build a community for today. And that’s going to be the foundation for the building of a community for tomorrow.”

Watch the video to learn more about what life is like in climate haven cities and how this new migration pattern can help grow local economies.