Applications of Geographic Information Systems for the Analysis of Apartment Rents
Douglas S. Bible () and
Cheng-Ho Hsieh ()
Additional contact information Douglas S. Bible: Department of Economics and Finance Louisiana State University-Shreveport Shreveport, Louisiana 71115, http://www.lsus.edu/econfin/ Cheng-Ho Hsieh: Department of Economics and Finance Louisiana State University-Shreveport Shreveport, Louisiana 71115, http://www.lsus.edu/econfin/
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.
Ordering information: This journal article can be ordered from Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323 http://aux.zicklin.b ... u/jrer/about/get.htm
Journal of Real Estate Research is edited by Dr. Ko Wang
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