Tempted by lower prices and a nice river view? Houses for sale in a flood zone are around 10% cheaper than surrounding areas, according to new research. However, the reduced price tag is not worth the extra risk and can burden buyers with long-term insurance costs. Tempted by lower prices and a nice river view? Houses for sale in a flood zone are around 10% cheaper than surrounding areas, according to new research. However, the reduced price tag is not worth the extra risk and can burden buyers with long-term insurance costs. Economics & Business Phys.org – latest science and technology news stories
How flood risk affects home values
