Estimating Housing Mortality with Standard Loss Curves
M E Gleeson
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M E Gleeson: School of Public and Environmental Affairs, Indiana University, Business/SPEA Building 4057, Indianapolis, IN 46223, USA
Environment and Planning A, 1986, vol. 18, issue 11, 1521-1530
Abstract:
Tests of fit using one set of data on mobile homes and another on conventional housing indicate that standard loss curves, such as the Pearl-Reed and Weibull curves, can be used to approximate housing survivorship functions. This finding opens up the possibility of analytical work using standard curves and the application of time-to-failure statistical models that are based on such curves. Tests of fit of standard curves to the two housing survivorship functions using truncated data are also encouraging, suggesting means of estimating housing mortality and computing life tables with incomplete cohort survival data.
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:18:y:1986:i:11:p:1521-1530
DOI: 10.1068/a181521
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