Estimating Occupied Office Space: Comparing Alternative Forecast Methodologies
AbstractThis study compares alternative methodologies that can be used to forecast growth in a market's occupied office space. Trend line analysis methods are compared to econometric methods. Using 1978 through 1987 data from the Boston market, these models have been used to predict the known performance of the market in 1988 and 1989 permitting comparison of these models in terms of their overall performance and their ability to predict the recent downturn in that market. The results suggest that real estate practitioners and planners should employ economic techniques in their efforts to forecast the incremental changes in occupied office space.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by American Real Estate Society in its journal Journal of Real Estate Research.
Volume (Year): 6 (1991)
Issue (Month): 3 ()
Contact details of provider:
Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
Web page: http://www.aresnet.org/
Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
Find related papers by JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Dirk Brounen & Maarten Jennen, 2009. "Asymmetric Properties of Office Rent Adjustment," The Journal of Real Estate Finance and Economics, Springer, vol. 39(3), pages 336-358, October.
- Jacco Hakfoort & Robert Lie, 1996. "Office Space per Worker: Evidence from Four European Markets," Journal of Real Estate Research, American Real Estate Society, vol. 11(2), pages 183-196.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (JRER Graduate Assistant/Webmaster).
If references are entirely missing, you can add them using this form.