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Reposted by Josh Thompson

Adv. Atmos. Sci. @aasjournal.bsky.social · 22/06/2026

Important findings from @joshthompie.bsky.social on flood-affected homes losing value and being held longer. Published in @commsearth.nature.com via @natureportfolio.nature.com , a great read. For more on atmospheric science, follow @aasjournal.bsky.social #AAS #Flooding #Housing #AcademicSky

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Josh Thompson @joshthompie.bsky.social · 22/06/2026

6/7 🧠 The findings challenge the idea of "flood amnesia", suggesting the housing market has moved beyond amnesia-driven rebound effects towards sustained repricing of flood risk. #FloodRe #Environment #Policy #Research #Academia

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Josh Thompson @joshthompie.bsky.social · 22/06/2026

5/7 💵 This matters because flooding is not only a short-term repair-cost issue, but a longer-term financial risk with implications for homeowners, housing market liquidity, mortgage lending, insurance and climate adaptation. #climate #climatechange #climateimpacts #insurance

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Josh Thompson @joshthompie.bsky.social · 22/06/2026

4/7 ⏳ We also find that flood-affected homes are owned for longer than comparable homes in unaffected areas. This effect is especially pronounced among lower-priced homes. #mortgage #lending #policy #banking #insurance

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Josh Thompson @joshthompie.bsky.social · 22/06/2026

3/7 📉 We find that flood-affected homes can experience persistent reductions in value. Flooded properties typically lose around 3% of their value immediately, rising to around 10% after 15 years. Aggregated, this represents £5.6 billion in loss of value. #Property #Finance #Flooding #Flood

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Josh Thompson @joshthompie.bsky.social · 22/06/2026

2/7 🏘️ The research examines how flooding affects residential property values and home ownership duration across England. We analysed 27 million residential property sales over 28 years. #FloodRisk #HousingMarket #Economics #Research

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Josh Thompson @joshthompie.bsky.social · 22/06/2026

1/7 🧵 I'm very proud to share that our paper, "Flood-affected homes in England lose value and are owned longer than those in unaffected areas", has been published in @natureportfolio.nature.com's @commsearth.nature.com. 🔗 The paper is open access: www.nature.com/articles/s43... #Flooding #Housing

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