RT Journal Article
SR Electronic
T1 Impact of Land Subsidence on Housing Sale Values
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 092324-0083R
DO 10.3368/le.102.1.092324-0083R
A1 Nemati, Mehdi
A1 Sneed, Michelle
A1 Dinar, Ariel
YR 2025
UL http://le.uwpress.org/content/early/2025/07/22/le.102.1.092324-0083R.abstract
AB This study assesses the impact of land subsidence on housing sale values in the San Joaquin Valley, California. The study utilizes home sale transactions and vertical land-surface displacement data from Interferometric Synthetic Aperture Radar techniques. Using fine-scale fixed effects, matching, as well as a repeat-sales approach, our results indicate that land subsidence resulted in a 2.4% to 5.8% reduction in housing sale values, with the largest reductions occurring in areas where substantial subsidence occurred. Such findings may have implications for groundwater management and can potentially help inform policy design to help mitigate the causes and impacts of land subsidence.