The potential economic impact of volcano alerts

A new study suggests that, when a Volcano Alert remains elevated at any level above 'normal' due to a period of volcanic unrest, it can cause a decline in the region's housing prices and other economic indicators. The authors argue that federal policymakers may need to account for the effects of prolonged volcanic unrest -- not just destructive eruptions -- in the provision of disaster relief funding.

source https://www.sciencedaily.com/releases/2021/03/210316183643.htm