Bernstein et al. find that homes exposed to sea level rise sell for approximately 7 percent less than equivalent unexposed properties. See Asaf Bernstein, Matthew T. Gustafson, and Ryan Lewis, “Disaster on the Horizon: The Price Effect of Sea Level Rise,” Journal of Financial Economics 134 (November 2019), https://www.sciencedirect.com/science/article/pii/S0304405X19300807. Hsiang et al.
A few policy developments on the use of macro-prudential regulatory instruments in Europe  In parallel with the research efforts undertaken to develop the scientific foundations for macro-prudential instruments further, there is important policy work going on in Europe regarding these instruments.