Impact of land subsidence on housing sale values: Evidence from the San Joaquin Valley, California

Land Economics
By: , and 

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Abstract

This study assesses the impact of land subsidence on housing sale values in the San Joaquin Valley, California. The study utilizes home sale transactions and vertical land-surface displacement data from Interferometric Synthetic Aperture Radar techniques. Using fine-scale fixed effects, matching, as well as a repeat-sales approach, our results indicate that land subsidence resulted in a 2.4% to 5.8% reduction in housing sale values, with the largest reductions occurring in areas where substantial subsidence occurred. Such findings may have implications for groundwater management and can potentially help inform policy design to help mitigate the causes and impacts of land subsidence.

Publication type Article
Publication Subtype Journal Article
Title Impact of land subsidence on housing sale values: Evidence from the San Joaquin Valley, California
Series title Land Economics
DOI 10.3368/le.102.1.092324-0083R
Edition Online First
Publication Date July 29, 2025
Year Published 2025
Language English
Publisher University of Wisconsin Press
Contributing office(s) WMA - Office of Quality Assurance
Country United States
State California
Other Geospatial San Joaquin Valley
Additional publication details