Featured Experts
Amine Ouazad
Professor of Economics
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Amine Ouazad
Professor of Economics
Dr. Amine Ouazad is a professor of economics at HEC Montreal where he holds the endowed research professorship in “Urban and Real Estate Economics.” Dr. Ouazad is also a Senior Fellow at Johns Hopkins 21st Century Cities Initiative.
In this Episode
Sea levels are rising, storms are worsening, and flooding is consistently exceeding FEMA’s 100-year floodplain maps. Yet, an increasing percentage of new mortgages are used to purchase homes in at-risk areas. And lenders are selling mortgages in areas hit by hurricanes at higher rates to Fannie Mae and Freddie Mac, who are backed by American taxpayers, according to research done by Dr. Amine Ouazad, Professor of Economics at HEC Montreal.