Daniels MPV . The biggest impact of the future of real estate in 2020 is the heavy blow of the COVID-19 epidemic to the world. Today I’d like to share with you some big things beyond the epidemic-climate, immigration and the future of real estate in Toronto.Please Visit: Daniels MPV to Get Your VVIP Registration Today!
I believe everyone who lives in Toronto has a feeling that it is super warm this year. In previous years, it began to snow in September and October, and then went straight to minus 30 degrees. This year is good. In December, the temperature is still hovering at 0 degrees Celsius, which often gives people the illusion that spring is about to blossom.
This is really not a delusion between you and me. 2020 is the second-highest year on record, according to Bloomberg. Last year’s temperature was only two 1% degrees lower than the highest temperature in 2016, almost breaking the record. Here’s Rhino to share with you three heavyweight reports released in 2020 to think carefully about some of the changes that will happen in the future, the impact on Toronto’s real estate, and how we should deal with it.
In July 2020, the New York Times published a report called “Climate Migration”, which focused on the first group of people to bear the brunt of the global climate crisis, called “climate migration”. In the coming decades, this group is likely to be forced to “migrate” and move out of their homes as a result of climate change, and the number of this group is likely to reach hundreds of millions. On the map, extremely hot areas like North Africa appear on almost every continent in the southern hemisphere. Looking from east to west, Australia, Asia and South America will all have extremely hot regions in the next 50 years. The most direct consequence of this trend is that it will set off a wave of mass migration. According to current estimates, there will be 50 million people in the small and perhaps as many as 300m in the large.
Now, we can see signs of climate migration. In Southeast Asia, for example, climate change has made rainy and dry seasons more and more irregular, agriculture is getting worse and worse, and food resources are becoming scarce. According to World Bank estimates, more than 8 million people have left Southeast Asia for these reasons and moved to the Middle East, Europe and the Americas. The situation is similar in South Asia and North Africa.
In fact, the temperature range suitable for human life is very narrow. According to a study published in the Proceedings of the National Academy of Sciences in 2020, the best temperature for human productivity is an average of between 11 and 15 degrees Celsius a year. For example, in China, the plains of the middle and lower reaches of the Yangtze River will no longer be the most suitable area for human production. On the contrary, the northerly regions such as Inner Mongolia, Gansu and Xinjiang are likely to enter the temperature range with the best productivity by 2070. In the United States, for example, the Mississippi Plain is currently the darkest and most suitable area for human production. By 2070, the temperature band will move close to the border between the United States and Canada. And people will continue to move northward with the change of climate, or even cross the border.