Construct · 1 fields · 1 citations

flood risk discount decay: a standalone construct

One name. One construct. A landmark on the map.

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flood riskdiscount decay1 CONSTRUCTFlood risk discountBIN · REAL ESTATE ECONOMICS

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Real estate economics

the tendency for the price discount on flood-zone homes to rise after a major flood and then fade as years pass without another.

In real estate economics, flood risk discount decay refers to the tendency for the price discount on flood-zone homes to rise after a major flood and then fade as years pass without another. This meaning comes from Bin (2013) in Journal of Environmental Economics and Management.[1]

Unit
Recovery means
Measured by

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Nearby constructs

decay4 fields · 5 citationsjingle · one word, four constructsdiscount3 fields · 4 citationsjingle · one word, three constructsestate2 fields · 2 citationsjingle · one word, two carriers

References

  1. Bin, O., & Landry, C. E. (2013). Changes in implicit flood risk premiums: Empirical evidence from the housing market. Journal of Environmental Economics and Management, 65(3), 361-376. https://doi.org/10.1016/j.jeem.2012.12.002

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