COMPARATIVE-STUDY OF ANALYTICAL RENTAL MODEL AND STATISTICAL-MODELS FOR PREDICTING HOUSE RENTAL LEVELS

Authors
LI H LI V SKITMORE M
Citation
H. Li et al., COMPARATIVE-STUDY OF ANALYTICAL RENTAL MODEL AND STATISTICAL-MODELS FOR PREDICTING HOUSE RENTAL LEVELS, Building and environment, 32(5), 1997, pp. 389-395
Citations number
5
Categorie Soggetti
Construcion & Building Technology","Engineering, Environmental
Journal title
Building and environment → ACNP
ISSN journal
03601323
Volume
32
Issue
5
Year of publication
1997
Pages
389 - 395
Database
ISI
SICI code
0360-1323(1997)32:5<389:COARMA>2.0.ZU;2-V
Abstract
The need for a house rental model in Townsville, Australia is addresse d. Models developed for predicting house rental levels are described. An analytical model is built upon a priori selected variables and para meters of rental levels. Regression models are generated to provide a comparison to the analytical model. Issues in model development and pe rformance evaluation are discussed. A comparison of the models indicat es that the analytical model performs better than the regression model s. (C) 1997 Elsevier Science Ltd.