(Outlet: Politico) The powerful hurricanes that have devastated the East Coast are putting the financial stability of state-run insurance plans back in the spotlight, POLITICO’s Zack Colman reports.…Read More
Eight questions for the other Walz
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Hernandez on Immigration, Its Impact on the US Economy
(Outlet: Bloomberg) Zeke Hernandez, Associate Professor at the University of Pennsylvania Wharton School, discusses both legal and illegal immigration, and how it has impacted the US economy, speaking with Kailey Leinz on Bloomberg’s “Balance of Power.” …Read More
Hurricane Milton Tests the Revamped Plumbing of the Insurance Market
(Outlet: Wall Street Journal) Hurricane Milton has taken a heavy toll on families, property and businesses. But in the complex insurance market, the effects aren’t so straightforward. …Read More
Trump Blames Immigrant Surge for Housing Crisis. Most Economists Disagree.
(Outlet: The New York Times) The former president often implies that deportations will bring down housing costs. Reality is more complicated. “In the long run, immigrants are the solution to the housing crisis,” said Exequiel Hernandez, an associate professor who studies immigration at the Wharton School at the University of Pennsylvania. “Without immigrants, you can’t increase the supply of housing.”…Read More
Zillow will now show climate risk data on home listings
(Outlet: The Washington Post) The information is meant to help home buyers assess potential damage from extreme weather.…Read More
America’s Flood Insurance System Requires Urgent Fixes
(Outlet: Bloomberg) More and more homeowners lack coverage they can’t afford or aren’t even aware they need.…Read More
The Role of Firms in Immigration and Economic Prosperity
(Outlet: Ripple Effect) In this episode of Knowledge at Wharton’s Ripple Effect, Wharton’s Britta Glennon shares her research that dispels long-held myths about immigrants and how they influence the U.S. economy. This episode is part of a series on the “Business of Elections.”…Read More
A Wharton Professor Makes the Economic Case for More Immigration
(Outlet: Bloomberg) Ahead of a US election focused on migrants, Zeke Hernandez’s book argues that newcomers can make the whole country richer.…Read More
Hurricane Helene spotlights rising prices for home and flood insurance
(Outlet: ABC News) The storm left devastation across a vast stretch from Florida to Tennessee.…Read More
Zillow adds climate risk scores to property listings
(Outlet: Marketplace) Home buyers now have more tools to assess those risks. This month, Zillow, the country’s largest real estate search platform, announced it’s adding information about climate hazards, and how they might grow over time, to all of its property listings. Users will be able to scroll down to see a risk score for flooding, wind, wildfire, extreme heat and air quality, along with insurance recommendations to protect against related losses.…Read More