The Excess Demand for Housing After Sandy
The goal of this chapter is to demonstrate there was excess demand for dry houses after Hurricane Sandy in New York City, and thus to support the appropriateness of using housing market data as a proxy of one of the socio-economic recovery activity indicators (RQ1b). This chapter, therefore, examines how the housing market data in New York City was impacted by Hurricane Sandy by conducting quantitative research based on the methodology introduced in Chap. 3. This chapter is constructed as follows: In Sect. 10.1, the author reviews the housing market data for analysis. Section 10.2 introduces a model based on the methodology shown in Chap. 3. The results of the analysis are described in Sect. 10.3. Section 10.4 discusses the results and concludes the chapter.
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