The impact of natural hazards on housing values : the Loma Prieta earthquake.
Material type:
TextPublication details: [United States : s.n.], 1993Description: [18] pSubject: A large, detailed data set is used to examine the effect of the Loma Prieta earthquake on housing prices in the San Francisco Bay area. This relationship is examined while controlling for potential confounding variables, such as location-specific risk and the timing of the earthquake. The results indicate that the Loma Prieta earthquake caused an area wide reduction in property values. In addition, it seems that individuals considered other measures of earthquake risk in their housing purchases, yielding a measurable price gradient. These results are relatively robust, remaining stable across estimated functional forms and independent variable sets
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
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Books
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Australian Emergency Management Library | BOOK | 363.34950979494 IMP (Browse shelf(Opens below)) | Available | 900050337 |
Bibliography: p. 183-184
Reprinted from Journal of American Real Estate and Urban Economics Association; 1993; v. 21; no. 2; p. 167-184
A large, detailed data set is used to examine the effect of the Loma Prieta earthquake on housing prices in the San Francisco Bay area. This relationship is examined while controlling for potential confounding variables, such as location-specific risk and the timing of the earthquake. The results indicate that the Loma Prieta earthquake caused an area wide reduction in property values. In addition, it seems that individuals considered other measures of earthquake risk in their housing purchases, yielding a measurable price gradient. These results are relatively robust, remaining stable across estimated functional forms and independent variable sets
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