{"title":"The color of water: Racial and income differences in exposure to floods across US neighborhoods","authors":"George C. Galster, Joshua Galster, Karl Vachuska","doi":"10.1111/1540-6229.12480","DOIUrl":null,"url":null,"abstract":"We provide a US national portrait of annual average exposure to floods across racial/ethnic and income groups, using predictions from the First Street Foundation flooding exposure model. Nationally, we find that Native Americans in inland neighborhoods and Hispanics in coastal ones face (statistically) significantly higher average exposure to flooding than non‐Hispanic Whites, even when neighborhood income composition is controlled. Surprisingly, non‐Hispanic Blacks and Asians generally have significantly lower average exposure to floods than non‐Hispanic Whites. Lower income groups exhibit substantially higher exposure in inland areas than higher income groups—but not in coastal areas—when neighborhood racial/ethnic composition is controlled.","PeriodicalId":47731,"journal":{"name":"Real Estate Economics","volume":"22 1","pages":""},"PeriodicalIF":2.0000,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Real Estate Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1111/1540-6229.12480","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
We provide a US national portrait of annual average exposure to floods across racial/ethnic and income groups, using predictions from the First Street Foundation flooding exposure model. Nationally, we find that Native Americans in inland neighborhoods and Hispanics in coastal ones face (statistically) significantly higher average exposure to flooding than non‐Hispanic Whites, even when neighborhood income composition is controlled. Surprisingly, non‐Hispanic Blacks and Asians generally have significantly lower average exposure to floods than non‐Hispanic Whites. Lower income groups exhibit substantially higher exposure in inland areas than higher income groups—but not in coastal areas—when neighborhood racial/ethnic composition is controlled.
我们利用 First Street 基金会洪水风险模型的预测结果,描绘了美国全国不同种族/族裔和收入群体的年平均洪水风险。我们发现,在全国范围内,内陆社区的美国原住民和沿海社区的西班牙裔美国人面临的洪灾平均风险(在统计上)明显高于非西班牙裔白人,即使在控制社区收入构成的情况下也是如此。令人惊讶的是,非西班牙裔黑人和亚裔的平均洪灾风险一般明显低于非西班牙裔白人。在控制了邻里种族/族裔构成的情况下,低收入群体在内陆地区的洪灾风险大大高于高收入群体,但在沿海地区则不然。
期刊介绍:
As the official journal of the American Real Estate and Urban Economics Association, Real Estate Economics is the premier journal on real estate topics. Since 1973, Real Estate Economics has been facilitating communication among academic researchers and industry professionals and improving the analysis of real estate decisions. Articles span a wide range of issues, from tax rules to brokers" commissions to corporate real estate including housing and urban economics, and the financial economics of real estate development and investment.