Real Estate Speculators Are Swooping In to Buy Disaster-Hit Homes

This story originally appeared on Grist and is part of the Climate Desk collaboration. It is part of The Disaster Economy, a Grist series exploring the often chaotic, lucrative world of disaster response and recovery. It is published with support from the CO2 Foundation.

When a mile-wide tornado hit St. Louis on May 16, DeAmon White hopped in his car and rushed home. As he navigated downed trees and power lines, turning his 10-minute commute into a three-hour slog, he worried whether his family, neighbors, and home made it through unscathed.

When he turned the corner onto his block, White’s

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