RT Journal Article SR Electronic T1 The Impact of Wildfires and Wildfire-Induced Air Pollution on House Prices in the United States JF Land Economics FD University of Wisconsin Press SP 22 OP 50 DO 10.3368/le.100.1.102322-0093R VO 100 IS 1 A1 Huang, Zeying A1 Skidmore, Mark YR 2024 UL http://le.uwpress.org/content/100/1/22.abstract AB We investigate the direct impact of wildfires on house prices as well as the indirect impact of wildfires through fine particulate matter (PM2.5) in the United States. We find that wildfires, particularly those occurring at a distance, have a statistically significant detrimental impact on house prices via PM2.5. We observe notable price discrepancies between houses situated upwind and downwind of wildfires. Areas with longer periods of wildfire absence and greater distances from the nearest wildfire correspond to higher property prices. Households value locations with ample greenery while remaining cognizant of wildfire risks.