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Housing Market Response to Sea-Level Rise in Florida 2022 ed. [Kõva köide]

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  • Formaat: Hardback, 148 pages, kõrgus x laius: 235x155 mm, kaal: 455 g, 33 Illustrations, color; 3 Illustrations, black and white, 1 Hardback
  • Sari: Coastal Research Library 37
  • Ilmumisaeg: 18-Nov-2021
  • Kirjastus: Springer Nature Switzerland AG
  • ISBN-10: 3030884341
  • ISBN-13: 9783030884345
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Housing Market Response to Sea-Level Rise in Florida 2022 ed.Suurem pilt
  • Formaat: Hardback, 148 pages, kõrgus x laius: 235x155 mm, kaal: 455 g, 33 Illustrations, color; 3 Illustrations, black and white, 1 Hardback
  • Sari: Coastal Research Library 37
  • Ilmumisaeg: 18-Nov-2021
  • Kirjastus: Springer Nature Switzerland AG
  • ISBN-10: 3030884341
  • ISBN-13: 9783030884345
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Püsilink: https://www.kriso.ee/db/9783030884345.html

South Florida continues to attract new residents despite its susceptibility to sea-level rise. This book explores the views of real estate agent with respect to how prospective homebuyers assess the risk of flooding. It reports on their observations as to whether house prices are stagnant or falling in coastal areas vulnerable to flooding, and their conclusions after working with prospective homebuyers as to whether coastal south Florida is a good place to find a home or, alternatively, a risky investment in a place that will eventually be submerged by rising seas.

The book reports on a 2020 survey of real estate agents and concludes that it is not clear that the housing market has integrated flood risk either into reduced demand for housing or in reduced prices for houses susceptible to flooding. These conclusions have important implications for understanding how the risks of climate change and sea-level rise are reflected in the housing market both now and in the near-term future. 

1 Introduction
1(6)
References
5(2)
2 The Development of Vulnerable Real Estate in South Florida
7(14)
2.1 A Legacy of Vulnerability
10(4)
2.2 Do Florida Residents Perceive Their Homes as Vulnerable to the Impacts of Climate Change?
14(1)
2.3 Resolving the Conflict: A Survey of Real Estate Agents
15(6)
References
17(4)
3 House Price Trends in Coastal US Cities
21(18)
3.1 The Coast as an Amenity in the Pricing of Houses
22(1)
3.2 Flood Insurance as an Additional Cost in Coastal or Riverine Flood-Prone Areas
23(2)
3.3 Flood Insurance in Florida
25(3)
3.4 Does the Cost of Flood Insurance Influence Home Buyer Behavior or House Prices?
28(5)
3.5 Summary
33(6)
References
34(5)
4 Effective Communication About Climate Change and Sea-Level Rise
39(14)
4.1 Beliefs About Climate Change and Sea-Level Rise
40(2)
4.2 How the Concept of Climate Change Became Polarized
42(1)
4.3 Using Visual Imagery to Convey Risks of Sea-Level Rise
43(2)
4.4 The Addition of Visual Imagery About Flood Hazards to realtor.com
45(1)
4.5 Summary
46(7)
References
47(6)
5 The Role of the Real Estate Agent
53(14)
5.1 The Real Estate Sales Profession
54(2)
5.2 Real Estate Agents in Florida
56(1)
5.3 How Real Estate Agents Influence the Search for a New Home
57(2)
5.4 The Duty to Disclose by the Seller and the Real Estate Agent
59(1)
5.5 Are Florida Homebuyers Concerned with Flood Risk?
60(2)
5.6 Summary
62(5)
References
63(4)
6 Methodology: Survey of South Florida Realtors
67(8)
6.1 Respondent Characteristics
70(1)
6.2 Submarket Differences
71(1)
6.3 Summary
72(3)
References
73(2)
7 Information About Sea-Level Rise and Its Effects on Home Search Behavior
75(20)
7.1 Information Available to Homebuyers About Flood Risk
76(6)
7.1.1 Familiarity with the Area: Most Homebuyers Are Local
76(1)
7.1.2 Information from Federal and Local Government
77(1)
7.1.3 Elevation Certificate in the Process of Purchasing Hood Insurance
77(3)
7.1.4 Information from the Real Estate Industry
80(2)
7.2 Response of Buyers and Sellers
82(1)
7.3 Realtor® Support for the New Website
82(1)
7.4 Do Prospective Buyers Avoid Seeking Property in Low-Lying Coastal Areas?
83(3)
7.5 Do Investors Differ from Owner-Occupiers?
86(2)
7.6 Do Buyers of Less Expensive Houses Avoid Low Elevation Property More Frequently?
88(1)
7.7 Real Estate Agent Characteristics and Opinions About Buyer Behavior and Flood Factor
88(2)
7.8 Summary
90(5)
References
92(3)
8 The Housing Market in Coastal South Florida from the Perspective of the Real Estate Agent
95(20)
8.1 Has the Threat of Sea-Level Rise Affected Florida House Prices?
96(1)
8.2 Do Lenders Consider Flood-Risk in Their Home Mortgage Decisions?
97(2)
8.3 Do Appraisers Consider Elevation or Susceptibility to Flooding in Their Assessment of Value?
99(2)
8.4 What Do Real Estate Agents Predict for the Next 5-10 Years?
101(2)
8.5 In Their Words
103(5)
8.6 Impact of Demographic, Locational and Attitudinal Characteristics on Responses
108(3)
8.7 Summary
111(4)
References
112(3)
9 Four Communities: Vulnerable by Design
115(14)
9.1 Apollo Beach
116(3)
9.2 Cape Coral
119(1)
9.3 Hollywood
120(3)
9.4 PuntaGorda
123(1)
9.5 Summary
124(5)
References
126(3)
10 Implications of Housing Market Response to Sea-Level Rise in South Florida
129(10)
10.1 Key Findings
130(2)
10.2 Looking to the Future
132(7)
References
136(3)
Appendices
139
Appendix 1 Questionnaire
139(6)
Appendix 2 Survey Experiment
145(2)
Appendix 3 Predictors of Views About SLR and Climate Change
147
Palm and Bolsen are the authors of a 2020 Springer book titled Climate Change and Sea-level Rise in South Florida.  They have a combined deep experience in survey methodology, the study of political communication, the study of environmental hazards and the portrayal of research findings for an audience of university students and general readers.  By combining the insights of human geography and political science, they are able to address this complex human-environmental problem.





Palm is the author of 14 books and monographs as well as numerous scholarly articles and invited book chapters.  Among her previous books are textbooks for introductory human geography courses (An Invitation to Geography, McGraw-Hill, 2 editions), upper division courses in American cities (Geography of American Cities, Oxford University Press) and natural hazards (Natural Hazards: An Integrative Framework for Research and Planning, Johns Hopkins University Press).  She has also published three monographs on earthquake hazards with Westview Press (now part of Harper Collins) including Earthquake Insurance: a longitudinal study,  Earthquake Insurance in California: Environmental policy and individual decision-making,  and Illusions of Safety: culture and earthquake hazard response in the US and Japan, and another monograph on earthquake hazards with The University of Chicago Press Geography Research Papers (After a California Earthquake: attitude and behavior change). She has received research honors from the American Association of Geographers and served as president of this association.





Bolsen is the author of over 40 scholarly articles and book chapters.  His research focuses on the study of political behavior, public opinion formation, political communication, experimental methods, and U.S. energy and climate policy.  He has published research in numerous high-impact journals such as the American Journal of Political Science, Political Behavior, Public Opinion Quarterly, Journal of Communication, Political Communication, Climatic Change, Science Communication, Energy Policy, Environmental Communication, and many other outlets. He has received several Best Paper Awards for published work presented at academic conferences.