Housing

CityLab Daily: Where Flooding Is Sinking Real Estate Values the Most

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Nexus Media

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Sink or swim: When hurricanes or storm-driven flooding sweep into coastal areas, the news coverage of real estate damage tends to focus on high-dollar losses, often near big cities. But the losses in a small community, like Bay St. Louis, Mississippi, have a greater relative impact because median home values are lower. In collaboration with CityLab, Nexus Media News has created a tool to identify where home values have been affected by flooding the most, based on research by First Street Foundation.