Table 7

Repeat-Sales Estimates of Spatial Heterogeneity

VariableI
River-Muny*Bracket20.0782*** (0.0151)
Bracket*100-year floodplain20.0098 (0.0117)
Bracket*500-year floodplain20.0310** (0.0126)
Year of first sale0.0122*** (0.0010)
Year of second sale20.0108*** (0.0009)
Bracket0.0271*** (0.0083)
R20.0359
N202,933

  • Note: The dependent variable is the change in the natural log of housing price. Errors are clustered by municipality.

  • ↵** Coefficient significant at the 0.05 level;

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