How can climate risks be included in real estate values?

There has been increasing interest in trying to incorporate climate risk assessments into real estate markets and valuations. However, one of the challenges with doing this in a rigorous manner is that the outcomes of different climate risk models vary significantly, leading to inconsistent assessments even for the same properties.

On Thursday, May 14, the Center on Regulation and Markets at the Brookings Institution will host a public event to examine how to best incorporate climate risk assessments into real estate values. Part of the Center’s ongoing series, Reimagining Modern-day Markets and Regulations, the event will kick off with a keynote and fireside chat from Daryl Fairweather, chief economist at Redfin. Following the keynote, a panel of distinguished experts, including Jesse Keenan (Tulane University) and Margaret Walls (Resources for the Future), will discuss what empirical approaches would be consistent and robust enough to incorporate climate risks into real estate markets.

Online viewers can pose questions in advance by emailing [email protected].