Updated: Over one million homes at risk as Hurricane Laura brings ‘unsurvivable’ storm surge to US Gulf Coast
Hurricane Laura, which made landfall in Louisiana early this morning as a category-four storm, has the potential to impact 1.1 million homes worth $265bn in terms of reconstruction cost value, according to Core Logic.
The figure takes into account residential properties at risk of storm surge along the Gulf Coast between Mississippi’s Gulfport-Biloxi metropolitan area and the Houston metropolitan area in Texas.
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