This study presents the evolution of agreements between the governments of Canadaand Québec on flood damage reduction. In Québec, the implementation of a regulation about building in floodplains came about in 1983–1984. Today, this regulation takes the form of a policy called ``Policy of...

This paper argues for the importance of separating the bundled good of housing into land and improvements, because locational amenities – which often constitute a significant portion of property value – are typically capitalized into the value of land but not the value of the...

Empirical evidence shows that the value of units in a building generally rises with their floor level due to features such as the better view and lesser noise experienced in higher stories. We adopt a theoretical approach for examining the value of units in different floors based on the...

Numerous studies using a variety of methods suggest that beach re-nourishment generates benefits to both recreational users and property owners. However, the only study to use a repeat sales index (Cordes, Gatlaff and Yezer, 2001) found no effect of re-nourishment on property values. We use a...

Wildfires in British Columbia result not only in large direct damages, but also significant indirect losses associated with lost amenity values and the risk to life and property. The indirect values can potentially be measured by changes in property values. In this study, we assume that the...