The Impact of Wildfires and Wildfire-Induced Air Pollution on House Prices in the United States
研究了美国野火通过细颗粒物（PM2.5）对房价的直接和间接影响，发现远距离野火通过PM2.5显著降低房价，且上下风向房屋价格存在差异。
<h3>Abstract</h3> We investigate the direct impact of wildfires on house prices as well as the indirect impact of wildfires through fine particulate matter (PM<sub>2.5</sub>) in the United States. We find that wildfires, particularly those occurring at a distance, have a statistically significant detrimental impact on house prices via PM<sub>2.5</sub>. We observe notable price discrepancies between houses situated upwind and downwind locations of wildfires. Areas with longer periods of wildfire absence and greater distances from the nearest wildfire correspond to higher property prices. Households value locations with ample greenery while remaining cognizant of wildfire risks.