òòò½Íø Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
Housing Supply and Natural Hazards within and across US Cities
òòò½Íø Papers and Proceedings
vol. 115,
May 2025
(pp. 380–84)
Abstract
This paper investigates the link between housing supply restrictions and increased exposure to natural hazard risks in the United States, considering a wide range of extreme climate threats. It shows that urban growth has heightened exposure to these risks, driven both by the growth of the riskiest cities and the growth in the riskiest areas within cities. Across cities, it finds no evidence that strict housing supply regulations are keeping people away from the riskiest cities. However, within cities, less elastic housing supply in safe areas leads to higher growth in at-risk areas.Citation
Ospital, Augusto. 2025. "Housing Supply and Natural Hazards within and across US Cities." òòò½Íø Papers and Proceedings 115: 380–84. DOI: 10.1257/pandp.20251037Additional Materials
JEL Classification
- Q54 Climate; Natural Disasters and Their Management; Global Warming
- Q58 Environmental Economics: Government Policy
- R31 Housing Supply and Markets
- R38 Production Analysis and Firm Location: Government Policy