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A mass-market appraisal of the English housing rental market using a diverse range of modelling techniques.

Stephen D ClarkNik Lomax
Published in: Journal of big data (2018)
From the regression analysis, attributes that increase the rental listing price are: the number of rooms in the property, proximity to central London and to railway stations, being located in more affluent neighbourhoods and being close to local amenities and better performing schools. Of the machine learning algorithms used, the two tree based approaches were seen to outperform the regression based approaches. In terms of a simple measure of the median appraisal error, a practitioner based approach is seen to outperform the modelling approaches. A practical finding is that the application of sophisticated machine learning algorithms to big data is still a challenge for modern desktop PCs.
Keyphrases
  • machine learning
  • big data
  • artificial intelligence
  • deep learning
  • health insurance
  • mass spectrometry