For young geographers, here is a useful map. I see certain obvious geographical patterns in these maps. Those who are risk averse must move to higher ground. Urban economists have consistently argued that urban zoning laws must be changed to allow for more high rise construction. Such a strategy would create urban living opportunities in safer parts of coastal cities.
We will see if Sandy is a "salient shock". Life appears to be getting back to normal. I see that NYU's downtown campus is up and running and that this south of 39th Street school is holding an interesting conference on what are the lessons from Sandy.
