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Applications of Geographic Information Systems for the Analysis of Apartment Rents

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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.

Suggested Citation

  • Douglas S. Bible & Cheng-Ho Hsieh, 1996. "Applications of Geographic Information Systems for the Analysis of Apartment Rents," Journal of Real Estate Research, American Real Estate Society, vol. 12(1), pages 79-88.
  • Handle: RePEc:jre:issued:v:12:n:1:1996:p:79-88
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    File URL: http://pages.jh.edu/jrer/papers/pdf/past/vol12n01/v12p079.pdf
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    References listed on IDEAS

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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 189-197, March.
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    Cited by:

    1. Tom Kauko, 2004. "Towards Infusing Institutions and Agency into House Price Analysis," Urban Studies, Urban Studies Journal Limited, vol. 41(8), pages 1507-1519, July.
    2. Jingfeng Yuan & Xiaodan Zheng & Jia You & Mirosław J. Skibniewski, 2017. "Identifying Critical Factors Influencing the Rents of Public Rental Housing Delivery by PPPs: The Case of Nanjing," Sustainability, MDPI, vol. 9(3), pages 1-22, February.
    3. 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.
    4. ÜNsal ÖZdilek, 2011. "Land Value: Seven Major Questions in the Analysis of Urban Land Values," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(1), pages 30-49, January.
    5. Mike Wrigley, 2001. "Transport Policy and Property Values," ERES eres2001_300, European Real Estate Society (ERES).

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    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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