• Twitter Social Icon
  • YouTube Social  Icon
psom_logo_white_2x_edited.png

© 2020 THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

Flood Risk and the U.S. Housing Market

As the most frequent and costliest natural disaster in the United States, floods have been predicted to cause major amounts of stress to housing markets. As of now, many homeowners are uninsured against flood damage and the ones that are only have short-term agreements, which can be very risky -- in this paper, Howard Kunreuther, PISC Advisory Board member Susan Wachter, Carolyn Kousky, and Michael Lacour-Little describe potential effects like costliness to families, ripple effects in the surrounding community, and the triggering of  foreclosures in addition to suggested directions for future research and action.

 

 

Download the PDF

Back to News

Share on Facebook
Share on Twitter
Please reload