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The impacts of a major hurricane on residential real estate can be devastating. Hurricane Sandy in New York City (NYC) is among the examples of how flooding can unexpectedly extend beyond FEMA flood zones. Such surprises or negative shocks can provide property owners—especially those not...
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Despite the widespread prevalence and economic importance of tall buildings, little is known about how their patterns vary across space and time. This paper focuses on vertical real estate, aiming to quantify differences across major world regions over time (1950-2020). The paper exploits a...
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