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Applications of Geographic Information Systems for the Analysis of Apartment Rents

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Author Info
Douglas S. Bible () (Department of Economics and Finance Louisiana State University-Shreveport Shreveport, Louisiana 71115)
Cheng-Ho Hsieh () (Department of Economics and Finance Louisiana State University-Shreveport Shreveport, Louisiana 71115)
Abstract

This study is the first to incorporate comprehensive regional factors into the analysis of the variations of apartment rent in a particular metropolitan area. A Geographic Information Systems (GIS) procedure is developed to generate regional variables for the analysis. Results show that not only the individual apartment's characteristics, but also the regional factors are important in determining apartment rents.

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File URL: http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/past/vol12n01/v12p079.pdf
File Format: application/pdf
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Publisher Info
Article provided by American Real Estate Society in its journal Journal of Real Estate Research.

Volume (Year): 12 (1996)
Issue (Month): 1 ()
Pages: 79-88
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Handle: RePEc:jre:issued:v:12:n:1:1996:p:79-88

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Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
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Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
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Find related papers by JEL classification:
L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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  1. Benjamin, John D & Lusht, Kenneth M, 1993. "Search Costs and Apartment Rents," The Journal of Real Estate Finance and Economics, Springer, vol. 6(2), pages 189-97, March.
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Cited by:
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  1. Beth Wilson & James Frew, 2007. "Apartment Rents and Locations in Portland, Oregon: 1992 – 2002," Journal of Real Estate Research, American Real Estate Society, vol. 29(2), pages 201-218. [Downloadable!]
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