
Sustainability Leaders
The Hidden Costs of Homeownership: Climate Risk, Insurance, and the Affordability Crunch
Rising HOA fees and insurance premiums are reshaping the true cost of owning a home, with climate risk increasingly at the center of it all. In this episode of Sustainability Leaders, Alma Cortés Selva, Senior Advisor at the BMO Climate Institute, sits down with Matt Schulz, Chief Consumer Finance Analyst at LendingTree, to unpack how these interconnected pressures are driving a new affordability reality across U.S. housing markets. They explore why homeowners, lenders, and investors can no longer view housing costs in isolation, how climate exposure is influencing buyer behavior and property values, and why insurance is quickly becoming a defining factor in market access. Visit LendingTree to learn more about the research cited in this episode: https://www.lendingtree.com/home/mortgage/hoa-survey/?msockid=03ed45b570be6d8b0420534471b76c7d Go to BMO for more thought leadership from Alma Cortés Selva: https://capitalmarkets.bmo.com/en/our-bankers/alma-cortes-selva/

