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Kenneth Smith Kenneth Smith

The Dichotomy of Home Equity: Climate Change's Varied Impact on High Net Worth vs. Middle-Class Americans

In the grand spectrum of wealth distribution in America, the significance of home equity varies starkly between high net worth individuals and the middle class. While both demographics attach considerable importance to their property holdings, the impact of climate change unravels a distinct contrast in how these groups perceive, protect, and endure the consequences of environmental shifts.

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