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Abstract -- The government-funded retreat of homeowners from flood-prone housing is a globally ascendant policy of climate adaptation. Yet, we still know relatively little about some fairly basic questions involving its participants: e.g. How much risk do homeowners tolerate before retreating? Where do they move?
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
Even after suffering flood damage, homeowners in mostly white communities prefer to accept higher risk of disaster repeating itself than relocate to areas with more racial diversity and less flood risk, according to new research from Rice University.
FEMA runs the largest managed retreat program in the country, Two disaster response experts looked at the demographics of who gets those buyouts and where they go.
Two disaster response experts mapped who gets FEMA buyouts and where they go. It turns out, they don’t go far.