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✉news WorldUnited Nations first seen 5 d ago, last 1 d ago, peak #6

Disasters cost $228 billion in housing losses every year

The United Nations reports that disasters cause an estimated $228 billion in housing losses annually worldwide. The figure highlights the mounting economic toll of floods, earthquakes, storms and other hazards on homes and communities, and is likely intended to underline the need for stronger investment in resilient housing and disaster risk reduction ahead of international policy discussions.

Why now: The UN has just released a striking new estimate of the yearly global cost of disasters to housing.

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