Comparative study of analytical rental model and statistical models for predicting house rental levels

Li, Heng, Li, Vera, & Skitmore, Martin (1997) Comparative study of analytical rental model and statistical models for predicting house rental levels. Building and Environment, 32(5), pp. 389-395.

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The need for a house rental model in Townsville, Australia is addressed. Models developed for predicting house rental levels are described. An analytical model is built upon a priori selected variables and parameters of rental levels. Regression models are generated to provide a comparison to the analytical model. Issues in model development and performance evaluation are discussed. A comparison of the models indicates that the analytical model performs better than the regression models.

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ID Code: 58877
Item Type: Journal Article
Refereed: Yes
Keywords: Housing Rentals, Townsville, Analytical Model, Regression Model
DOI: 10.1016/S0360-1323(97)00013-9
ISSN: 0360-1323
Subjects: Australian and New Zealand Standard Research Classification > ENGINEERING (090000)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 1997 Elsevier
Deposited On: 04 Apr 2013 03:25
Last Modified: 04 Apr 2013 04:33

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