Year: 2021
Type: article
Abstract: As climate change is increasingly forecasted to cause enormous damage to cities all around the world through riverine and coastal flood, understanding flood impacts on property market has become an imminent issue for planning successful adaptation policies and preparing the property market for ever-intensifying flood events. This paper reviews previous research on the relationship between flood and residential property price, with particular focus on how flood risk, actual flood disaster and information disclosure efforts all contribute to changes in property price. Discussing issues associated with the current status of the literature as well as its policy implications is also within the scope of this paper.
Authors: Yuzo SHIMIZU, Hiroki BABA
Institutions: Reitaku University, Kyoto University
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4285445959