Natural Disasters effect in Housing Pricing in USA

●Natural Disasters are one of the most threatening to the people live in the US, the natural disaster includes but not limited to hurricane, tornado, storm, high water, wind-driven water, tidal wave, tsunami, earthquake, volcanic eruption, landslide, mudslide, and snowstorm.

The objective of this project is to study the behavior of these natural disasters and their impact on the US economy, and we will be focusing on the effects on Housing pricing. It’s very clear that some types of these natural disasters like a hurricane, tsunami, and earthquake have a major impact on the properties like houses and building, and the areas that declare as a potential disasters area has more risk than other and properties in these areas has least attract people and developers.

In this project, I am going to study this hypothesis by using natural disaster data for all disasters declared by the president since 1953 created by (Federal Emergency Management Agency – FEMA). I am going to use data for only 10 years from 2007-2017 in this project and join the disaster data with data of Housing Price Index created by (Zillow – one of the major real state databases in the US) also for the period of 10 years from 2007-2017.