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Disasters destroy $228 billion in housing every year, UN disaster agency says

Developing Reported

Oct. 13, 2026 — Disasters cause $228 billion in housing losses each year, and housing damage makes up 43% of the direct cost of cyclones, floods, tsunamis and earthquakes, the UN Office for Disaster Risk Reduction said, UN News reported. Citing the World Risk Poll 2026, a spokesperson said 83% of people with a household plan and confidence acted on a warning, against 27% of those with neither.

The wall: How the $228 billion figure was calculated was not described.

Tier: Reported (based on UN News' account of the UN disaster agency's figures)

Sources

disasters, housing

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