Sea level rise risk interactions with coastal property values: a case study of O‘ahu, Hawai‘i
Sea level rise risk interactions with coastal property values: a case study of O‘ahu, Hawai‘i
复制标题
海平面上升风险与沿海财产价值的相互作用:夏威夷欧胡岛的案例研究
DOI:
10.1007/s10584-023-03602-4
复制
发表时间:
2023
期刊:
影响因子:
4.8
通讯作者:
Newfield, Conrad
中科院分区:
文献类型:
--
作者:
Tarui, Nori;Urbanski, Seth;Lam, Quang Loc;Coffman, Makena;Newfield, Conrad
Climate change-induced sea level rise (SLR) will affect a range of coastal assets and prompt difficult decisions about coastal land use across the world. Several recent studies find that current and projected SLR is associated with relatively lower property values. We contribute to this growing body of research with a case study of O‘ahu, Hawai‘i, which is famed for its beaches as well as valuable coastal real estate. We leverage a dataset that unpacks multiple types of SLR exposure and coastal parcel attributes. We apply property transaction data for the island of O‘ahu through 2019 to investigate the effect of current and expected SLR exposure on residential property prices. We find that exposed properties have already experienced declines in transaction prices, at 9 to 14%, attributed to expectations of exposure to chronic inundation (as opposed to seasonal flooding). The price declines are mainly for multi-dwelling homes as opposed to single family homes. The market response of residential properties to SLR has important implications for coastal management strategies, in particular the viability and timing of programs for retreat.
登录
查看更多内容
DOI:
--
发表时间:
2016
期刊:
影响因子:
--
作者:
Randy Dumm;G. Sirmans;Greg T. Smersh
通讯作者:
Greg T. Smersh
影响因子:
1.7
作者:
Arlan Brucal;John M. Lynham
通讯作者:
John M. Lynham
DOI:
--
发表时间:
2020
期刊:
影响因子:
--
作者:
J. Murfin;M. Spiegel;J. Scheinkman
通讯作者:
J. Scheinkman
影响因子:
4.6
作者:
Anderson TR;Fletcher CH;Barbee MM;Romine BM;Lemmo S;Delevaux JMS
通讯作者:
Delevaux JMS
DOI:
10.2139/ssrn.1850671
发表时间:
2012-06
期刊:
Urban Research eJournal
影响因子:
--
作者:
Okmyung Bin;C. Landry
通讯作者:
Okmyung Bin;C. Landry