Comment on The effects of subsidised flood insurance on real estate markets by Martin Boyd

There are a number of aspects in this article and the supporting working paper 995 which raise concerns. The work does not seem to have considered that >96% of leasehold flats are excluded from flood re: - the only exception is blocks of 3 or less flats where the owners live at the site. The exclusion creates a number of problems which have not been considered in the study including the fact that sites previously considered insurable for flood peril without difficulty, per Grenfell, now find the