I think we can both agree that it’s a global problem though, right?

I actually work for a global real estate asset management and investment firm (mostly commercial, logistics, multi family etc) and have always loved this asset class.

Portugal as a whole has had huge capital appreciation over the last few years but that was mainly a catch up from the Global Financial Crisis and it was led by foreigners, notably through the Golden Visa, that's now been abolished.

The problem is that Katrinas are going to become more and more frequent as time goes by what with global warming. 

If it gets worse, which it could given that the assumed reasons are pollution and global warming, it could eventually wreak havoc on the country's tourism industry, especially Punta Cana.

Yes, I know "oh no, tariffs kill global trade".

If you're applying for a Conventional/FHA/VA/ or USDA loan, then they will do a "global cash flow" where they take into account your PITI (Principal + Interest + Taxes + Insurance (hazard and flood) on all properties (second mortgages included), HOA payments, car payments, student loan payments, credit card payments, and installment loan payments in the numerator and your gross income in the denominator.

Not sure how far you are from Chicago proper, but the ULI (Urban Land Institute) is a global group with chapters in most big cities. 

This includes global behemoths like Blackstone and Apollo.

Thanks,Miguel Suarez I heard a stat that Arkansas will be unlivable in 50 years due to global warming.