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This content will become publicly available on February 1, 2026

Title: Hurricane-Induced Discharges from Superfund Sites: A Hedonic Price Analysis of Real Estate Market Responses
This study investigates the impact of hurricane-induced discharges from Superfund sites on residents’ risk perception and housing values in Harris County, Texas. Employing a difference-in-differences hedonic approach with property sales data from 2013 to 2019, we analyze how residents adjust their risk perception based on environmental hazard information and whether this affects the real estate market. Examining proximity to Superfund sites, we find a 27% reduction in price for houses located within half a mile of impacted sites, diminishing with distance. The findings provide valuable insights for enhancing hazardous waste management through targeted interventions, risk assessments, and response plans.  more » « less
Award ID(s):
1832693 2122135
PAR ID:
10586144
Author(s) / Creator(s):
; ; ;
Editor(s):
Phaneuf, Daniel J
Publisher / Repository:
University of Wisconsin Press
Date Published:
Journal Name:
Land Economics
Volume:
101
Issue:
1
ISSN:
0023-7639
Page Range / eLocation ID:
36 to 52
Format(s):
Medium: X
Sponsoring Org:
National Science Foundation
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