Construct · 1 fields · 1 citations

sea level rise exposure discount: a standalone construct

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

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Real estate

lower prices for homes exposed to projected sea level rise compared with similar unexposed homes, showing climate risk priced into housing.

In real estate, sea level rise exposure discount refers to lower prices for homes exposed to projected sea level rise compared with similar unexposed homes, showing climate risk priced into housing. This meaning comes from Bernstein (2019) in Journal of Financial Economics.[1]

Unit
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Nearby constructs

climate3 fields · 3 citationsjingle · one word, three constructs discount3 fields · 4 citationsjingle · one word, three constructs estate2 fields · 2 citationsjingle · one word, two carriers

References

Bernstein, A., Gustafson, M. T., & Lewis, R. (2019). Disaster on the horizon: The price effect of sea level rise. Journal of Financial Economics, 134(2), 253-272. https://doi.org/10.1016/j.jfineco.2019.03.013

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