Troy, Austin; Romm, Jeff - In: Journal of Environmental Planning and Management 47 (2004) 1, pp. 137-162
This study uses hedonic analysis to estimate the effects of flood hazard disclosure under the 1998 California Natural Hazard Disclosure Law (AB 1195) on property values throughout California. It finds that the average floodplain home sold for 4.2% less than a comparable non-floodplain home...