未来能源研究所-风险披露与房价：来自加州野火危险区的证据（英）-2023.6

# 房价 # 加州野火 # 风险披露大小：0.86M | 页数：36 | 上架时间：2023-06-07 | 语言：英文

未来能源研究所-风险披露与房价：来自加州野火危险区的证据（英）-2023.6.pdf

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未来能源研究所-风险披露与房价：来自加州野火危险区的证据（英）-2023.6.pdf

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类型: 专题

上传者: 范泽林

撰写机构: 未来能源研究所

出版日期: 2023-06-07

摘要：

Damages from wildfires have increased dramatically in recent years. This study uses a boundary discontinuity design to estimate the effect of wildfire hazard disclosure on house prices. Using the universe of single-family sales transactions from the Zillow ZTRAX program in California from 2015 through 2022, we find that, on average, homes that faced disclosure requirements sold for approximately 4.3 percent less than nearby homes that did not. Price impacts are higher in recent years, following several damaging wildfires. Our findings highlight the use of disclosure regulations to ensure that disaster risks are reflected in housing markets.

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