A neural network analysis of the effect of age on housing values
Q Do, G Grudnitski - Journal of Real Estate Research, 2009 - aresjournals.org
Empirical studies using multiple regression find the value of a residential property declines
with its age. Because these results confirm the fact of physical deterioration of a house over
time, little attention is paid to the statistical technique's inherent shortcomings. Accordingly,
this paper uses a neural network, which is able to overcome multiple regression's
methodological problems, to re-examine the effect of age on a house's value. We find that ...
with its age. Because these results confirm the fact of physical deterioration of a house over
time, little attention is paid to the statistical technique's inherent shortcomings. Accordingly,
this paper uses a neural network, which is able to overcome multiple regression's
methodological problems, to re-examine the effect of age on a house's value. We find that ...
