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A DSS for Real Estate Location Choice

Author

Listed:
  • Vincenzo Del Giudice
  • Pierfrancesco De Paola
  • Francesca Torrieri
  • Francesca Pagliara
  • Peter Nijkamp

Abstract

The evaluation of real estate assets is currently one of the main issues addressed by territorial marketing strategies with a view to developing competitive cities. Given the complexity of the real estate market, it’s hard to identify a priori the factors that constitute a city’s competitive capacity to attract investments to this market. In this paper we design an integrated complex evaluation model able to map out and encapsulate the multidimensional spectrum of factors that shape the attractiveness each investment destination. The methodological approach is then illustrated through application of the model to a real-world case of investment choice in the residential sector of the city of Naples.

Suggested Citation

  • Vincenzo Del Giudice & Pierfrancesco De Paola & Francesca Torrieri & Francesca Pagliara & Peter Nijkamp, 2010. "A DSS for Real Estate Location Choice," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2010(3), pages 43-60.
  • Handle: RePEc:fan:scresc:v:html10.3280/scre2010-003002
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    More about this item

    Keywords

    Mercato immobiliare; scelte di investimento; Stated Preferences;

    JEL classification:

    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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