Abstract
This paper evaluated spatial and temporal effects of Tokai Flood that renewed the record of rainfall in Nagoya City (597mm) on September 11-12, 2000 on the land price using hedonic approach. The 4 main findings are obtained. Firstly, the land price may generally decrease 4727.4∼9402.2Yen/m2, or 3.156∼6.627% when the inundation increases every 50cm. Secondly, it is confirmed that Tokai Flood did cause the decrease of land price. Thirdly, Spatial variability of the effects of Tokai Flood on land price is proved. Finally, the effect of Tokai Flood on industrial land price is confirmed while those on residential and commercial land prices depend on their location and period.
