Elissa Kranzler and Jeff Czajkowski Hurricanes are a continued threat to the physical and financial well-being of coastal residents throughout the United States. From 1980 to 2018, the U.S. experienced 42 hurricanes classified as billion-dollar disasters, totaling nearly a trillion dollars in damage ($920 billion in 2018 inflation-adjusted dollars) and…Read More
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Flood Risk Beliefs and Coastal Home Prices
August 14, 2018 Laura Bakkensen How does coastal flood risk impact home prices? The answer depends, in part, on how buyers and sellers perceive flood risk. Consider the following thought experiment: how much more is a house on the coast with no flood risk worth than a house on the…Read More