Forgetting the Flood? An Analysis of the Flood Risk Discount over Time

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Wildfire risk, salience & housing demand (2018, result): “In terms of price effects, our empirical work is in some ways closest to that of Kousky (2010), Bin and Landry (2012) and Atreya et al. (2013) who analyze the effects of major floods on housing prices(3). Bin and Landry (2012) compare residential housing prices for properties located in FEMA designa”
Financing Flood Losses: A Discussion of the National Flood Insurance Program (2017, unknown): “This does appear to have affected the housing market: many studies have found that homes in the 1 percent annual chance floodplain are discounted relative to homes outside it (e.g., Bin and Polasky 2004; Bin et al. 2008; Kousky 2010; Atreya et al. 2013).”
What drives households to buy flood insurance? New evidence from Georgia (2015, background): “Atreya et al. (2013) and Bin and Landry (2013) find that large flood events result in a marked price drop for properties in floodplains but that this effect vanishes over time, as early as four years after the flood.”