Underprepared for the storm: climate beliefs, mortgage default and the underpreparedness channel
Date: Mon Jun 15 2026 00:00:00 GMT+0000 (Coordinated Universal Time) at 12:30 - 14:00
Location: CRASSH-Meeting Room
Join our climaTRACES workshop with Anno von Heimburg, PhD Student, University of Cambridge. Underprepared f… Underprepared f… 15 Jun 2026 12:30 -14:00 Times shown in local time Open to: All CRASSH-Meeting Room Alison Richard Building (Sidgwick Site) 7 West Road United Kingdom Category: climaTRACES Lab events Economics and Policy seminar series Research seminars Speaker: Anno von Heimburg, PhD student, University of Cambridge Climate-sceptic households in high physical risk areas show disproportionately large mortgage default responses to climate disasters. This inverts the naïve hypothesis that climate believers default more through negative expectation updating. The mechanism is under-preparedness: sceptic households are less insured, less adapted and locate in riskier areas without adequ
Source: judge-business-school