Flood risk information, housing markets, and spatial inequality

IF 4.1 2区经济学 Q1 ECONOMICS

Journal of Economic Geography Pub Date : 2026-09-12 DOI:10.1093/jeg/lbag064

Allan Beltran,Karlygash Kuralbayeva,Eileen Tipoe

引用次数: 0

Abstract

Abstract This article examines how housing markets respond to nearby floods that do not directly damage properties, and whether these responses differ across more- and less-deprived neighbourhoods in England between 2010 and 2018. Nearby floods increase time-on-market everywhere, but price effects vary systematically by deprivation: in more-deprived areas, prices fall, consistent with risk-related price revaluation and weaker seller bargaining power, while in less-deprived areas prices remain broadly stable. The implied short-run risk-information discounts are about 3.8 per cent in more-deprived neighbourhoods and 1.2 per cent in less-deprived ones, summarizing how flood-related risk information is capitalized jointly into prices and selling times.

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洪水风险信息、住房市场和空间不平等

本文研究了2010年至2018年间，英国住房市场对附近不直接破坏财产的洪水的反应，以及这些反应在贫困程度较高和较低的社区之间是否存在差异。附近的洪水增加了各地的上市时间，但价格影响因贫困程度而有系统地变化：在贫困程度较高的地区，价格下跌，与风险相关的价格重估和较弱的卖方议价能力相一致，而在贫困程度较低的地区，价格基本保持稳定。在贫困程度较高的社区，隐含的短期风险信息折扣约为3.8%，而在贫困程度较低的社区，这一折扣约为1.2%，由此总结出与洪水相关的风险信息是如何被共同计入价格和出售时间的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Economic Geography Multiple-

CiteScore

5.40

自引率

6.90%

发文量

期刊介绍： The aims of the Journal of Economic Geography are to redefine and reinvigorate the intersection between economics and geography, and to provide a world-class journal in the field. The journal is steered by a distinguished team of Editors and an Editorial Board, drawn equally from the two disciplines. It publishes original academic research and discussion of the highest scholarly standard in the field of ''economic geography'' broadly defined. Submitted papers are refereed, and are evaluated on the basis of their creativity, quality of scholarship, and contribution to advancing understanding of the geographic nature of economic systems and global economic change.