Hey guys,
Just saw some new research which found a correlation between climate change and home values. Every 1/4 degree increase in temperature causes a decrease of $250 to the value of homes: http://www.movoto.com/reports/climate-change.html

An example given was the state of New York, which lost over $9 billion in home values over the past 4 years because of climate change.

What do you guys think about this new correlation: another nasty side effect of the rising temperature?