Global warming is going to 'disproportionately impact the most vulnerable' even more. (Is there anything at all that won't? People with fewer resources have fewer options in dealing with new challenges, this seems like a fundamental fact.)
Yes. Decline in stock prices or real estate for example.
> People with fewer resources have fewer options in dealing with new challenges, this seems like a fundamental fact.
Yes, that's almost true by definition.
Even in my examples, in general the people who start out rich will still be better off after a stock market crash than the people who started out poor.
Look on the bright side though: by symmetry any disaster averted or condition improved also helps the vulnerable more.
True that rich people (if they're not being stupid with their money) will be better positioned to buy cheap stocks after a crash and will multiply their fortunes in the long run.
I like your bright side.
Shouldn't make too much of a difference? The total number of houses and households stays the same after the sale. Basically, you are right, for every such transaction you describe, one rental unit is taken off the rental market, but also one household exits the rental market, too.