This study employs the hedonic property price method to analyze the flood risk effect on a rich set of data. The …. The paper finds a significant reduction in housing prices accounted to ZIP code level flood risk even after controlling … for a wide range of geographical and socio-economic features. This paper finds that flood risk reduces housing prices …

used tools for understanding property flood risk in the United States are the Flood Insurance Rate Maps (FIRMs) produced by … widely served as the source of data about true flood risk, there have been limits on the ability of researchers to … disentangle these zone designation impacts as due to actual flood risk or as due to perceived flood risk. New advancements in …