Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressão

It is a big challenge to determine the intrinsic value associated with all attributes existing in a property. It is also difficult to predict this value accurately, because in real estate market there are several properties with distinct characteristics. This study aims at developing a mathematical...

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Main Authors: Fábio Gerab, Bruno Mariano de Carvalho
Format: Article
Language:English
Published: Instituto Federal de Educação, Ciência e Tecnologia da Paraíba 2019-03-01
Series:Revista Principia
Subjects:
Online Access:https://periodicos.ifpb.edu.br/index.php/principia/article/view/1790
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author Fábio Gerab
Bruno Mariano de Carvalho
author_facet Fábio Gerab
Bruno Mariano de Carvalho
author_sort Fábio Gerab
collection DOAJ
description It is a big challenge to determine the intrinsic value associated with all attributes existing in a property. It is also difficult to predict this value accurately, because in real estate market there are several properties with distinct characteristics. This study aims at developing a mathematical model capable of estimating the financial return on investments in urban residential apartments destined to lease in São Paulo city, SP, and identifying characteristics that promote a greater profitability for these residential apartments. In order to do so, hedonic multiple linear regression models capable to predict the values of sale and rent have been developed. With these models, and the ratio between the predict values of rent and sale, it was possible to build a new regression model in order to determine the profitability in the rent of residential apartments. Using the analysis of this new model it was possible to determine the characteristics on apartments that present the best profitability on real estate market.
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spelling doaj.art-2a8d548c43b1484c9a768a42678acc112022-12-22T04:35:09ZengInstituto Federal de Educação, Ciência e Tecnologia da ParaíbaRevista Principia1517-03062447-91872019-03-01144455710.18265/1517-03062015v1n44p45-57845Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressãoFábio Gerab0Bruno Mariano de Carvalho1Centro Universitário FEICentro Universitário FEIIt is a big challenge to determine the intrinsic value associated with all attributes existing in a property. It is also difficult to predict this value accurately, because in real estate market there are several properties with distinct characteristics. This study aims at developing a mathematical model capable of estimating the financial return on investments in urban residential apartments destined to lease in São Paulo city, SP, and identifying characteristics that promote a greater profitability for these residential apartments. In order to do so, hedonic multiple linear regression models capable to predict the values of sale and rent have been developed. With these models, and the ratio between the predict values of rent and sale, it was possible to build a new regression model in order to determine the profitability in the rent of residential apartments. Using the analysis of this new model it was possible to determine the characteristics on apartments that present the best profitability on real estate market.https://periodicos.ifpb.edu.br/index.php/principia/article/view/1790hedonic modelsmultiple linear regressionprofitability, real estate market.
spellingShingle Fábio Gerab
Bruno Mariano de Carvalho
Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressão
Revista Principia
hedonic models
multiple linear regression
profitability, real estate market.
title Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressão
title_full Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressão
title_fullStr Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressão
title_full_unstemmed Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressão
title_short Modelagem empírica de rentabilidade no mercado de locação de imóveis na cidade de São Paulo/SP utilizando modelos hedônicos e de regressão
title_sort modelagem empirica de rentabilidade no mercado de locacao de imoveis na cidade de sao paulo sp utilizando modelos hedonicos e de regressao
topic hedonic models
multiple linear regression
profitability, real estate market.
url https://periodicos.ifpb.edu.br/index.php/principia/article/view/1790
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AT brunomarianodecarvalho modelagemempiricaderentabilidadenomercadodelocacaodeimoveisnacidadedesaopaulosputilizandomodeloshedonicosederegressao