Table 4

Rent-In and Rent-Out Margins

MarginRent-In MarginsRent-Out Margins
MeanSDMin.Max.MeanSDMin.Max.
Flood
Intensive margin−0.5700−0.570−0.570−0.4700−0.470−0.470
Extensive margin0.01160.01300.0001720.221−0.002910.00467−0.0765−7.34e-05
Total margin−0.5590.0130−0.570−0.349−0.4730.00467−0.546−0.470
Storm
Intensive margin−0.7880−0.788−0.788−0.7510−0.751−0.751
Extensive margin0.004870.005327.25e-050.0933−0.002820.00450−0.0755−7.25e-05
Total margin−0.7840.00532−0.788−0.695−0.7540.00450−0.827−0.751
  • Note: Rent-in and rent-out margins are calculated according to equations [5][9].