Influence of Flood Risk Awareness and Communication on Real Estate Investment Decision-Making
Bibliographic Data
| ID | 22006299 |
|---|---|
| Authors | Abiodun Kolawole Oyetunji (0000-0002-5396-4722, London Metropolitan University, corresponding author), Temitope Seun Omotayo (0000-0001-5280-3946, Leeds Beckett University), Sambo Lyson Zulu (0000-0002-2724-1192, Leeds Beckett University) |
| Year | 2025 |
| Volume | 15 |
| Issue | 4 |
| Publication date | 2025-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | SAGE Open (JOURNAL) |
| Journal identifiers | ISSN: 2158-2440 • E-ISSN: 2158-2440 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/21582440251387868 |
| OpenAlex | W4415988105 |
| Language | EN |
| References cited | 68 |
Flooding, exacerbated by climate change and urbanisation, poses a major global environmental challenge. In Lagos, Nigeria, one of the most flood-prone regions, understanding how flood risk awareness and communication shape real estate investment decisions is crucial. This study examines investors’ awareness of flood risks and the influence of risk communication on decision-making. A qualitative, phenomenological approach was used, employing snowball sampling to recruit 37 property investors through referrals from registered real estate practitioners. A semi-structured interviews which provided in-depth insights into their perceptions and responses to flood risks was used to elicit response from the participants. Thematic analysis revealed varying levels of awareness, with many investors lacking reliable flood risk information before making investment decisions. Key issues in risk communication included inconsistencies in information sources, clarity, and delivery, leading to disparities in preparedness and risk perception. The study found that inconsistent communication often results in risk underestimation, significantly influencing investment decisions in high-risk areas. It highlights the need for a targeted, multi-stakeholder communication strategy to enhance information accessibility and reliability. A collaborative approach involving property investors, regulatory bodies, and local authorities is recommended to improve the effectiveness of flood risk communication and support informed investment decisions
Flood myth · Preparedness · Real estate · Risk communication · Risk perception · Snowball sampling · Thematic analysis · Disaster Management and Resilience · Flood Risk Assessment and Management · Nursing Education, Practice, and Leadership
Research Methods in Education
The Economic Impacts of Natural Disasters
Communicating climate change risks in a skeptical world
The affect heuristic
Social media in emergency management
Does Communicating (Flood) Risk Affect (Flood) Risk Perceptions? Results of a Quasi‐Experimental Study
Computer Gaming and Interactive Simulations for Learning
The Risk Perception Paradox—Implications for Governance and Communication of Natural Hazards
Motivations for investing in flood risk environments
Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation
The Protective Action Decision Model
Natural Hazards and Motivation for Mitigation Behavior
Cultural Circuits of Climate Change in U.K. Broadsheet Newspapers, 1985–2003
Information Sufficiency and Risk Communication
Emotions, Trust, and Perceived Risk
The Role of the Affect and Availability Heuristics in Risk Communication
The role of news media in natural disaster risk and recovery
Participatory modeling of endangered wildlife systems
Evaluating cartographic design in flood risk mapping
The contribution of different types of knowledge towards understanding, sharing and communication risk concepts
The effectiveness of flood risk communication strategies and the influence of social networks—Insights from an agent-based model
Unrecognized, concealed, or forgotten – the case of absent information in risk communication
Three Phases in the Evolution of Risk Communication Practice
Social media and disasters
The Anticipated Emotional Consequences of Adaptive Behaviour-Impacts on the Take-up of Household Flood-Protection Measures
| Citation velocity | historical |
|---|---|
| Highly cited | No |