New Study on Buyouts

From HSWire: With Coastal Waters Rising: First-Ever National Assessment of FEMA Buyouts. Some excerpts:

Now, a new study by a team involving University of Delaware researcher A. R. Siders is the first to examine nationwide data on FEMA’s buyout program. “Managed retreat through voluntary buyouts of flood-prone properties,” a study led by University of Miami’s Katharine J. Mach, was published today in Science Advances.

“It’s amazing to me that this program has existed for 30 years and no one has done this research,” said Siders, an assistant professor of Public Policy and Administration and Geography who is also affiliated with UD’s Disaster Research Center. “There are several great case studies of buyouts, but no one has looked at the whole program, the whole country, and that gives a different perspective.”