Jodi Jacobson | E+ | Getty ImagesMore than 18 million rental units are located in areas exposed to extreme weather hazards, according to the American Rental Housing Report from Harvard University's Joint Center for Housing Studies.
While most states have at least one "high-risk" county with 2,000 or more rental units, many are concentrated in California and Florida.
How many rentals are at risk in California and FloridaHarvard researchers found the number of rental units exposed to climate hazards in the U.S. by combining an area's risk of economic loss from natural disasters with the number of rental units in those areas, Wedeen said.
Florida, for example, has many rental units as well as census tracts, or neighborhoods, that FEMA identified as having at least moderate risk, Wedeen said.
Florida has 2.4 million rental units at risk, or about 89% of its rental stock, according to the Harvard study.
Persons:
Jodi Jacobson, Sophia Wedeen, Wedeen
Organizations:
American, Harvard University's, for Housing Studies, Federal Emergency Management, Survey, Joint Center for Housing Studies, Florida Harvard, FEMA, Finance, Harvard
Locations:
California, Florida, Harvard, U.S