Recent reports indicate that climate change is poised to drastically affect the U.S. real estate market, with predictions suggesting a potential loss of up to $1.5 trillion in home values. Studies reveal that rising insurance costs due to climate risk could erase approximately $1.4 trillion in real estate value, leading to a significant increase in housing costs across various states, particularly Florida which could see an 89% rise in home insurance rates. As millions of Americans face the likelihood of fleeing climate-affected areas in the coming years, experts warn that the wealth divide may worsen, further escalating property taxes and insurance premiums. The implications of these changes could not only reshape regional demographics but also challenge the foundational aspects of the American Dream.