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. This study investigates whether home buyers' perception of flood risk can be affected by the occurrence of a large … 2005 and 2014, we find that the impact of a property's flood risk exposure on its value varies over time, with a price … penalty of 4% in hurricane striking period. By contrast, within a quiet hurricane period, properties within high flood hazard …
Persistent link: https://www.econbiz.de/10012832946
treatments respond to flood risk. We identify reactions to flood risk, distinctly from price effects due to flood damage, by … seaboard. We find that homes in high flood risk zones situated in towns that participate in public flood awareness activities …
Persistent link: https://www.econbiz.de/10012867643
treatments respond to flood risk. We identify reactions to flood risk, distinctly from price effects due to flood damage, by … seaboard. We find that homes in high flood risk zones situated in towns that participate in public flood awareness activities …
Persistent link: https://www.econbiz.de/10012479933
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I analyze Hurricane Katrina as a natural experiment that shocks housing demand by reducing the stock supply of housing and raising net migration. With empirical data from 57 metropolitan areas, I measure the impact of Katrina on housing price, new residential investment and net migration, and...
Persistent link: https://www.econbiz.de/10012982579
treatments respond to flood risk. We identify reactions to flood risk, distinctly from price effects due to flood damage, by … homes in high flood risk zones situated in towns that participate in public flood awareness activities incur a 7 to 16 …
Persistent link: https://www.econbiz.de/10013299922
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In the United States, flood events are the most economically damaging type of natural disaster. Some of the most widely … used tools for understanding property flood risk in the United States are the Flood Insurance Rate Maps (FIRMs) produced by … property valuation from a home’s being mapped into a Special Flood Hazard Area (SFHA) within FIRMs. However, as these maps have …
Persistent link: https://www.econbiz.de/10013471460
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