Flood risks are insufficiently priced into housing markets but better pricing would leave some worse off

Nature Climate Change, Published online: 23 February 2023; doi:10.1038/s41558-023-01598-4

We estimate that US residential properties exposed to flood risks are overvalued by close to US$ 200 billion. We discuss where these properties are located, and who stands to lose the most from housing prices that better reflect climate risks.
Nature Climate Change