Table 8

Property Fixed-Effects Estimates of Spatial Heterogeneity

VariableI
River-Muny*Postflood20.1043*** (0.0187)
100-year floodplain*Postflood20.0091 (0.0137)
500-year floodplain*Postflood20.0315** (0.0130)
Postflood0.0643*** (0.0122)
Year fixed effectsY
Groups222,546
N432,077
  • 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.