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DOI10.1111/1540-6229.12486
How will US households adjust their housing behaviors in response to climate change?
Schuetz, Jenny
发表日期2024
ISSN1080-8620
EISSN1540-6229
起始页码52
结束页码3
卷号52期号:3
英文摘要Americans are moving toward climate risk, even as property damage from climate stresses becomes more salient. Over the coming years, climate change is likely to affect housing decisions through a variety of channels, for instance, by making high-risk locations less attractive both to live and to invest. Households can respond to climate change in multiple ways, reflecting their underlying risk tolerance, financial resources, social networks, lifestyle preferences, and access to information. Private market actors and governments can also alter their engagement with housing markets, including the pricing and availability of property insurance and mortgages and subsidies for climate-friendly retrofits. In this article, I review the literature on how households are incorporating climate risks into their housing decisions, identifying knowledge gaps and priorities for policymakers. A growing body of work suggests that localized climate risks are capitalized into housing prices in high-risk areas, particularly in the recent wake after high-profile storms. Much less is known about consumer knowledge of, and responses to, chronic climate stresses. A notable research gap exists on the climate impacts on renter households and rental markets.
英文关键词climate adaptation; housing demand; location choice; mortgage markets; risk mitigation
语种英语
WOS研究方向Business & Economics ; Urban Studies
WOS类目Business, Finance ; Economics ; Urban Studies
WOS记录号WOS:001191320200001
来源期刊REAL ESTATE ECONOMICS
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/308529
作者单位Brookings Institution; Brookings Institution
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Schuetz, Jenny. How will US households adjust their housing behaviors in response to climate change?[J],2024,52(3).
APA Schuetz, Jenny.(2024).How will US households adjust their housing behaviors in response to climate change?.REAL ESTATE ECONOMICS,52(3).
MLA Schuetz, Jenny."How will US households adjust their housing behaviors in response to climate change?".REAL ESTATE ECONOMICS 52.3(2024).
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