As an investor coordinating and measuring investment strategies and impacts in the state of Florida you may have questioned the down-steam impacts of a hurricane on your current and/or future investments. The state of Dallas completed an analysis on the impact of hurricanes on housing prices that might help give you some insight 🙂
A little foreshadowing for the article with: “Our results show that the typical hurricane strike raise real house prices for a number of years, with a maximum effect of between 3 to 4% three years after occurrence. There is also a small negative effect on real incomes. These results are stable across models and sub-samples.”
Link to full article:
https://www.dallasfed.org/assets/documents/research/papers/2010/wp1009.pdf