used to measure CAP rates and risk, the results are not consistent with DPH …

varying uncertainty (i.e. risk shocks) in the technology shocks that affect housing production. The analysis demonstrates that … risk shocks to the housing production sector are a quantitatively important impulse mechanism for the business cycle. Also … countercyclical behavior of risk premia on loans to the housing sector …

We investigate the effects of the risk of flooding and rising sea levels on the prices of single-family homes in … flood risk exposure of all Danish houses. Flood risks are substantial: between 0.9 and 1.2 per cent of Danish houses are at … risk of flooding today, and nearly twice as many houses will be exposed to flood risk by 2071. Houses that are exposed to …