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

Heng Li*, Vera Li, Martin Skitmore

*Corresponding author for this work

Research output: Contribution to journalArticleResearchpeer-review

5 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 - Sep 1997
Externally publishedYes

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