“…Flooding is the most common and costly natural hazard globally (Guha‐Sapir, 2020). To manage flood hazards effectively, a growing body of academic research has emerged aimed at improving the assessment of flood vulnerability and risk for communities around the world (e.g., Aerts et al, 2018; Cabrera & Lee, 2020; Das et al, 2020; de Moel et al, 2015; Feloni et al, 2020; Forero‐Ortiz et al, 2020; Geng et al, 2020; Glas et al, 2020; Grežo et al, 2020; Jun et al, 2020; Lin et al, 2020; Luu et al, 2020; Najafi et al, 2021; Pham et al, 2021; Sarkar & Mondal, 2020; Su, 2020; Tanoue et al, 2016; Tsakiris, 2014; Ward et al, 2020). Hydrologically oriented studies usually emphasize estimation of extent of inundation, return periods of flood events, and potential physical exposures (e.g., Gori et al, 2020; Lindenschmidt et al, 2016; Mojaddadi et al, 2017; Ward et al, 2015; Zaharia et al, 2017).…”