Impact of Induced Seismicity on the Housing Market: Evidence from Pohang

In this study, we analyze the case of induced seismicity in Pohang, South Korea, in 2017 to investigate the effect of seismic risk perception on the local residential property market. Based on a hedonic pricing model with a difference-in-differences method, we examine the geographic distribution of...

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Bibliographic Details
Main Authors: Jengei Hong, Hyunjae Jo, Ducksu Seo, Songhee You
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Buildings
Subjects:
Online Access:https://www.mdpi.com/2075-5309/12/3/286