Flood risk discounts in the Danish housing market

Economic Memo - October 2021 - No. 7

Authors Mirone, Giorgio; Poeschl, Johannes
Subject Climate; household balance sheets; Housing finance
Type Economic Memo
Year 2021
Published 22 October 2021
Abstract icon We investigate the effects of the risk of flooding on the prices of single-family homes in Denmark. Houses that are exposed to flood risk today, as well as houses that will be exposed to flood risk in the future due to rising sea levels, are priced at a discount.