A home in a flood.
Flood insurance will skyrocket due to climate change, a famed researcher warns.
  • After identifying the subprime mortgage crisis early, David Burt sees another major threat coming.
  • Climate change will cause insurance premiums to spike, crushing home prices.
  • Properties in high-risk markets may lose 60% of their value.

A top analyst who spotted and profited from the subprime mortgage crisis is convinced that another financial crisis-caliber crash is coming, but only for homeowners in certain cities.