Bishop, Kelly C.; Kuminoff, Nicolai V.; Mathes, Sophie; … - National Bureau of Economic Research - 2021
We provide the first evidence that spatial variation in all-cause mortality risk is capitalized into US housing prices …. Using a hedonic framework, we recover the annual implicit cost of a 0.1 percentage-point reduction in mortality risk among …, suggesting that the housing market provides an alternative, substantially cheaper channel to reducing mortality risk …
