What does climate change mean for long-term home ownership?

 

On 3 May 2018 a panel of industry experts explored some of the most challenging long-term issues facing home owners and the broader property sector at the Home Ownership Exposure in a Climate Risk Future Hypothetical forum.

 

Using a hypothetical scenario of an apartment block development, the forum explored issues around housing affordability, insurability, safety and long-term home ownership in Queensland. Panellists included experts from the Queensland Government, the Local Government Association of Queensland, QUT, Griffith University, Climate Risk, and Suncorp.

 

The event was facilitated by Green Cross Australia's Business Adaptation Network, hosted by QUT, and supported by the Queensland Government.

 

You can watch the view of participants in the hypothetical here

 

We are grateful for the participation of the following people in this event:

The players

 

• Existing owner and potential buyer - Karl Mallon, Climate Risk
• Insurer - Joshua Cooney, Suncorp
• Gondwanaland Local Government - Dorean Erhart
• Pangea State Government planner - Peter Rollston
• Banking/finance - Brett Walker, Suncorp
• Planning law - Dr Philippa England, Griffith University
• Developer -  a late apology, somewhere in the Cayman Islands !

The support staff

• Department of Environment and Science
• Curious Minds Co / artbalm - creative services
• QUT

Disclaimer

 

The views expressed in this hypothetical are not based on any specific location and/or circumstance. It is a fictitious example that was role played for the purposes of education and dialogue.

 

The views expressed by the players in the hypothetical are of a general nature, do not necessarily reflect the views of their or other organisations, and none of the players or facilitator accept responsibility for any information or advice provided as part of the hypothetical.

 

This hypothetical is not intended to be personal advice and you should not rely on it as a substitute for any form of professional advice.