Cette étude a été rendue possible grâce à la contribution et aux idées des chefs de file de la chaîne d'approvisionnement du logement au Canada, notamment les associations sectorielles, les institutions financières, les assureurs, les... more
Cette étude a été rendue possible grâce à la contribution et aux idées des chefs de file de la chaîne d'approvisionnement du logement au Canada, notamment les associations sectorielles, les institutions financières, les assureurs, les gouvernements et autres.
Research Interests:
This Pan-Canadian Study Examines the most costly impact of climate change affecting Canadians; residential flooding. The study examines the property value impact from flooding across Canada. The study finds that the more known the flood... more
This Pan-Canadian Study Examines the most costly impact of climate change affecting Canadians; residential flooding. The study examines the property value impact from flooding across Canada. The study finds that the more known the flood risk, the lower the impact to value.
Research Interests:
Climate change impacts are affecting property values across the North American continent. Property losses from both insurable and uninsurable climate hazard related sources are increasing annually. This study aims to discover property... more
Climate change impacts are affecting property values across the North American continent. Property losses from both insurable and uninsurable climate hazard related sources are increasing annually. This study aims to discover property value impacts across the market and to understand future impacts of climate hazard on North American real estate values. Property value impacts of climate-risk are evaluated with a broad market approach to understanding the ways site improvement losses (buildings), and property (land) devaluation occur in relations to increases in catastrophic loss, as a result of climate-risk. The research points to urgent need for innovation in the housing sector. The research reveals patterns that demand industry and government attention and which demonstrate that the homeowner is the most vulnerable stakeholder. Recommendations are offered as next steps; recommendations are made for helping homeowners adapt to emerging climate-risk challenges. Key words: climate ...
Research Interests: Real Estate Economics, Climate Change, Climate Change Adaptation, Climate change policy, Drought, and 15 moreReal estate valuation, Climate Change Adaptation And Mitigation Strategies, Disaster Preparedness, Climate Change Impacts, Sea level rise, Flooding, Disaster risk reduction, Real Estate Appraisal, Climate Change and Food Security, Wildfire, Sea Level Rise Planned Retreat, Service design innovation, Climate Change Adaptation and Disaster Risk Reduction and Management, Hurricane Modeling and Damage Estimation, and Planned Retreat
What happens to property values after a catastrophic climate event such as flood, or wildfire? This study examines how North American Real Estate markets respond after catastrophic events. The study explores the present and future risks... more
What happens to property values after a catastrophic climate event such as flood, or wildfire? This study examines how North American Real Estate markets respond after catastrophic events. The study explores the present and future risks to property valuation and insuranability. The study concludes with a recommendation for the creation of a Real Estate Climate Risk Index, as an intervention for creating market stability in the face of increasing frequency and scale of property damage from climate events.