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Manufactured or mobile homes represent a fast growing portion of the housing market but are particularly vulnerable to tornadoes. In the US over 40% of tornado fatalities occur in mobile homes even though they comprise about 8% of US housing units. We examine the market for tornado shelters in...
Persistent link: https://www.econbiz.de/10010846350
Fatalities from tornadoes have declined dramatically over the last century in the United States. Despite the overall reduction in tornado lethality, fatalities from mobile homes remain high. In fact, research suggests that the likelihood of a fatality in a mobile home is ten times or more than...
Persistent link: https://www.econbiz.de/10010846392
The Department of Housing and Urban Development (HUD) and the state of Florida implemented new wind load and tie-down regulations for manufactured homes following Hurricane Andrew. This article examines the effect of the new regulations on the likelihood that occupants of mobile homes would...
Persistent link: https://www.econbiz.de/10010758909
Improvements in hurricane forecasts allowing for more timely evacuations from storm-surge zones are credited with reducing lethality of US landfalling hurricanes. The deadly reach of a hurricane, however, is not limited to storm-surge zones. About 80% of direct US hurricane fatalities since 1970...
Persistent link: https://www.econbiz.de/10010759041