Keywords
Abstract
Flood buyout fairness depends on how relocation incentives interact with metropolitan housing markets and urban opportunity structures. Households receiving buyout offers may not be able to relocate to equally accessible or safer neighborhoods if housing prices vary sharply across sub-centers. Polycentric development can create multiple opportunity nodes, but these benefits are uneven when employment, services, and commercial establishments are concentrated in high-cost areas. Built environment effects on housing prices further complicate compensation design because accessibility, density, amenities, and neighborhood form influence affordability. Pre-disaster relocation modeling provides a behavioral perspective on how households evaluate risk and relocation options before flood damage occurs. Urban morphology research adds spatial detail by linking street integration and block structure to neighborhood accessibility. This literature cluster supports the view that equitable buyout policy must account for household heterogeneity, housing-market nonlinearities, and spatially uneven access to urban opportunity.
References
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