Academic profile
Floris is a Ph.D. candidate studying how climate-related environmental risks are capitalized into real estate prices. His research investigates whether, where, and when climate risks are reflected in property values, exploring how these risks are shared among property owners, renters, insurers, and other stakeholders. Before coming to Cambridge, he completed a double bachelor's degree in Law and Economics at Erasmus University Rotterdam before doing an MSc in Economics & Finance at the University of St Andrews in the UK. He briefly worked in foreign development/sustainability in Berlin after completing his master's. Current projects include a paper on the effects of climate change on income, employment, and house prices in Alpine ski resorts. Another study investigates rent discounts associated with climate-related natural hazards in Switzerland. His research on England's east coast explores how far in advance expected coastal erosion losses are priced into property transactions.
|
Teaching
Supervisor, Land Economy Tripos, Paper 6 (Fundamentals of Finance and Investment) Supervisor, Management Studies Tripos, Economics of Firms & Markets
|
Research interests
| Floris Blok’s research is at the intersection of climate change economics and real estate finance. He employs hedonic models to estimate the pricing of current climate risks in order to understand how the costs of climate change are and will be divided between real estate owners, tenants, insurers, and governments. He is also interested in how far in advance (real estate) markets price expected losses, and what discount rates should be used to value the consequences of climate change. |
Publications
Multiple Climate Hazards and Residential Rents: Who Pays the Price of Climate Change? (with Franz Fuerst), forthcoming in Ecological Economics.
The Higher the Better: Climate Change and House Prices in Swiss Ski Resorts 2001-2019. (with Franz Fuerst), Paper presented at the 2024 American Real Estate and Urban Economics Association Conference, Willemstad (Curaçao). https://ideas.repec.org/p/arz/wpaper/eres2024-085.html
|
Category/Classification
| climate change economics; real estate economics; long-run discounting; hedonic price models; regional economics |