000			01129nam a22001457a 4500
999			_c522414 _d522414
008			230411b ||||| |||| 00| 0 eng d
100			_aChristensen,P., Keiser, D.A. and Lade, G.E. _939713
245			_aEconomic effects of environmental crises: Evidence from flint, Michigan
260			_aAmerican Economic Journal: Economic Policy
300			_a15(1), Feb, 2023: p.196-232
520			_aIn April 2014 Flint, Michigan switched its drinking water supply from the Detroit water system to the Flint River as a temporary means to save $5 million. Over 18 months it was revealed that the switch exposed residents to dangerous levels of lead, culminating in an emergency declaration in October 2015. This paper examines the impact of this crisis on the Flint housing market. The value of Flint's housing stock has fallen by $520 million to $559 million despite over $400 million in remediation spending. Home prices remain depressed through August 2019, 16 months after the water was declared safe for consumption.- Reproduced
773			_aAmerican Economic Journal: Economic Policy
906			_aENVIRONMENT
942			_cAR