Department
Economics, Finance and Quantitative Analysis
Document Type
Article
Publication Date
4-1990
Abstract
In this article, the author uses nonlinear models to forecast the value of four important housing characteristics. The article explains, for example, that each additional bedroom does not add a set incremental dollar figure to the value of a house. The results suggest that nonlinear models predict housing values better than linear ones.
Journal Title
The Appraisal Journal
Journal ISSN
0003-7087
Volume
58
Issue
2
First Page
249
Last Page
253
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