Flood risks are insufficiently priced into housing markets but better pricing would leave some worse off

Katharine Mach

doi:10.1038/s41558-023-01598-4

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Flood risks are insufficiently priced into housing markets but better pricing would leave some worse off

Journal article

Peer reviewed

Flood risks are insufficiently priced into housing markets but better pricing would leave some worse off

Katharine Mach

Nature climate change, Vol.13(3), pp.216-217

2023-03-01

DOI: https://doi.org/10.1038/s41558-023-01598-4

Appears in Rosenstiel School - Latest Publications

Abstract

Environmental Sciences

Environmental Sciences & Ecology

Life Sciences & Biomedicine

Meteorology & Atmospheric Sciences

Science & Technology

Environmental Studies

Physical Sciences

We estimate that US residential properties exposed to flood risks are overvalued by close to US$200 billion. We discuss where these properties are located, and who stands to lose the most from housing prices that better reflect climate risks.

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Title: Flood risks are insufficiently priced into housing markets but better pricing would leave some worse off
Creators: Katharine Mach - University of Miami, Environmental Science & Policy Department
Publication Details: Nature climate change, Vol.13(3), pp.216-217
Publisher: NATURE PORTFOLIO
Number of pages: 2
Academic Unit: Environmental Science & Policy Department; Rosenstiel - Environmental Science and Policy; Rosenstiel School
Language: English
Resource Type: Journal article
Record Identifier: 991032632326002976