دورية أكاديمية
How do households perceive flood-risk? The impact of flooding on the cost of accommodation in Dublin, Ireland.
| العنوان: | How do households perceive flood-risk? The impact of flooding on the cost of accommodation in Dublin, Ireland. |
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| المؤلفون: | Pilla F; Department of Planning and Environmental Policy, University College Dublin, Dublin, Ireland. Electronic address: francesco.pilla@ucd.ie., Gharbia SS; Department of Planning and Environmental Policy, University College Dublin, Dublin, Ireland., Lyons R; Department of Economics, Trinity College Dublin, Dublin, Ireland; Spatial Economics Research Centre, London School of Economics, London, United Kingdom. |
| المصدر: | The Science of the total environment [Sci Total Environ] 2019 Feb 10; Vol. 650 (Pt 1), pp. 144-154. Date of Electronic Publication: 2018 Sep 01. |
| نوع المنشور: | Journal Article |
| اللغة: | English |
| بيانات الدورية: | Publisher: Elsevier Country of Publication: Netherlands NLM ID: 0330500 Publication Model: Print-Electronic Cited Medium: Internet ISSN: 1879-1026 (Electronic) Linking ISSN: 00489697 NLM ISO Abbreviation: Sci Total Environ Subsets: PubMed not MEDLINE |
| أسماء مطبوعة: | Original Publication: Amsterdam, Elsevier. |
| مستخلص: | Climate change and human behaviour, such as building on floodplains, are increasing the incidence of floods in urban areas. This paper investigates the relationship between flood risk and residential accommodation costs, both sales and rental, using a detailed dataset of over 650,000 sale and rental listings in Dublin, Ireland over the period 2006-2015. These are combined with detailed data for the Dodder river on 1% flood risk and past flooding events. Research to date suggested that the lack of a persistent effect may have an impact on buyers' and sellers' risk perceptions by changing with the prevalence of hazard events and that homebuyers are unaware of flood risks and insurance requirements when bidding on properties. Using hedonic regression techniques, the presented work shows opposite results: flood events are found to have a negative impact, particularly on sale prices, while being at 1% risk has no effect once past flood events are controlled for. For past flood events, however, there is evidence to suggest that this impacts on property values, certainly in the areas affected and up to 200 m away. Before the institutional flood risk maps were published, the assessment was based on existing Ordnance Survey maps which showed areas 'Liable to flooding' generated with land surveys carried out around the 1830. Set against these devices for raising awareness of flooding is the Irish constitution which regards property rights almost the same as human rights, which obvious impacts on the ability of planners to implement development/zoning plans. On the basis of this evidence, it is reasonable to conclude that households pay more attention to past flood events than to scientific assessments of flood risk, has important policy implications about communicating flood risk to consumers. (Copyright © 2018 Elsevier B.V. All rights reserved.) |
| فهرسة مساهمة: | Keywords: Amenity valuation; Environmental risk; GIS spatial analysis; Hedonic pricing; Housing markets; Valuation |
| تواريخ الأحداث: | Date Created: 20180910 Date Completed: 20181102 Latest Revision: 20181102 |
| رمز التحديث: | 20240628 |
| DOI: | 10.1016/j.scitotenv.2018.08.439 |
| PMID: | 30196214 |
| قاعدة البيانات: | MEDLINE |
Full Text Finder | تدمد: | 1879-1026 |
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| DOI: | 10.1016/j.scitotenv.2018.08.439 |