The State of Texas is prone to a myriad of natural disasters—hurricanes, tornados, floods, wildfires—that adversely affect its residents and have significant financial impacts ranging from minor repairs to complete loss of property. When the damage is severe, the most practical solution can be a public buyout of private property. This brief highlights economic and public policy implications of Texas municipalities purchasing property from residents living in areas repeatedly damaged by natural disasters. The author is a Bush School student whose work was supported by a research fellowship from The Texas Lyceum.
Migaud, Michael (2020). Property Buyouts After Natural Disasters: The Economic Implications for Texas Residents. Mosbacher Institute for Trade, Economics & Public Policy. Available electronically from http://hdl.handle.net/1969.1/187099.
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