How Climate Change Could Upend the American Dream

Climate change is upending the American dream, says Julian Zelizer .

He says soaring home prices in the U.S. may have peaked in the places most at risk, leaving the nation on the precipice of a generational decline.

Zelizer: Homeownership is the bedrock of America ’s economy.

Climate-driven costs and climate risk may drive sweeping change in both homeownership and migration.

It means that homeowners will need to be far wealthier, or renters will have to pay much more.

Like many aspects of the climate challenge, this one will also drive climate haves and have-nots further apart.