Table 5

Effect of 1993 Flood on Pooled Data: Property Fixed Effects

VariableI
Postflood*100-year floodplain20.0136 (0.0135)
Postflood*500-year floodplain20.0257** (0.0130)
Postflood0.0180*** (0.0066)
Year fixed effectsY
Groups222,546
N432,077

  • Note: All data are time de-meaned. The dependent variable is the natural log of housing price. Errors are clustered by census tract.

  • ↵** coefficient significant at the 0.05 level;

  • ↵*** coefficient significant at the 0.01 level.