Wildfires exacerbated by climate change are a growing issue in the US. However, the full economic implications of wildfires for the housing market are largely unknown. As a case study, we estimate the effect of changing wildfire risk perceptions on residential home sale prices in California. We...

Recent dramatic and deadly increases in global wildfire activity have increased attention on the causes of wildfires, their consequences, and how risk from fire might be mitigated. Here we bring together data on the changing risk and societal burden of wildfire in the US. We estimate that nearly...