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

Heng Li, Vera Li, Martin Skitmore

Research output: Journal article publicationJournal articleAcademic researchpeer-review

4 Citations (Scopus)

Abstract

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.
Original languageEnglish
Pages (from-to)389-395
Number of pages7
JournalBuilding and Environment
Volume32
Issue number5
DOIs
Publication statusPublished - 1 Jan 1997

ASJC Scopus subject areas

  • Environmental Engineering
  • Civil and Structural Engineering
  • Geography, Planning and Development
  • Building and Construction

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