The Simple Microeconomics of Adapting to Real Estate Damage Caused by Flooding
Environmental and Urban Economics
APRIL 11, 2022
The New York Times has publishe d a good opinion piece by a Professor of English on the unintended consequences of federal subsidies and regulations for living in flood plains. Instead, I will discuss how flood risk (ex-ante) and flooding affects the real estate market and the distribution of income. Why is that fair?
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