Impact of Natural Hazards on Housing Price Inequality

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Empirical analysis reveals natural hazards widen housing price inequality, suggesting policy responses are needed.

Natural disasters significantly reduce apartment prices in affected areas, increasing price disparities.
Apartment price disparities widened due to greater disaster damage, while spatial segregation showed no significant change.
Nationwide apartment transaction and disaster damage data were used for a comprehensive analysis from 2022 to 2023.
Findings indicate a need for policies addressing structural inequalities in housing markets affected by disasters.

Dalbyul Lee (2025) studied this question.

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