Table 4

Effect of 1993 Flood on Pooled Data: Repeat-Sales Model

VariableI
Bracket*100-year floodplain20.0133 (0.0114)
Bracket*500-year floodplain20.0262** (0.0126)
Year of first sale0.0122*** (0.0009)
Year of second sale20.0108*** (0.0009)
Bracket20.0095** (0.0038)
R20.0319
N202,933

  • Note: The dependent variable is the change in 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.