New talking point from Mainstream Media: climate change could make mortgages vanish

One of the advantages Trump has in 2020 is that the economy has been booming.  So it's predictable that the Dems and their media allies are looking for ways to scare voters into believing ECONOMIC COLLAPSE is right around the corner.

So...if the Lying Mainstream Media could invent a crisis that both scared voters into voting Democrat AND into supporting the screams of Dem presidential candidates that the U.S. needs to abolish fossil fuels, commercial jets, cows and gas-powered cars, that would be a natural win-win!  Yay!

And right on cue, here comes CBS with the Greatest New Prediction:  Climate change could kill the U.S. economy by making it impossible to get 30-year mortgages.  Here's CBS:

Climate change could punch a hole through the financial system by making 30-year home mortgages — the lifeblood of the American housing market — effectively unobtainable in entire regions across parts of the U.S.

That's what the future could look like without policy to address climate change, according to the latest research from the Federal Reserve Bank of San Francisco.

The article goes on to warn readers that 

The housing market doesn't yet factor in the risk of climate change, which is already affecting many areas of the U.S., including flood-prone coastal communities, agricultural regions and parts of the country vulnerable to wildfires. In California, for instance, 50,000 homeowners can't get property or casualty insurance because of the increased risk to their homes. 

Of course the "increased risk" in Cali is due to fires caused by the state's Democrat rulers prohibiting electric utilities from clearing trees and brush from under and over high-voltage power lines.  Those lines are bare aluminum, so if high winds make them touch, they make a huge spark.

This has been widely known for decades and is a risk in every state.  But other states--with politicians willing to govern rationally--didn't ban utilities from clearing overhanging branches and brush.

Result: No fires.  But CBS ignores the real cause in favor of..."climate change."  Hmmm....

Source.