Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends
This study closely examines the correlation between high street retail rents and key economic indicators, specifically Consumer Price Index (CPI) and Gross Domestic Product (GDP). Utilizing data on rent levels from prominent high streets globally, the analysis incorporates these macroeconomic indica...
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| Other Authors: | |
| Format: | Thesis |
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Massachusetts Institute of Technology
2024
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| Online Access: | https://hdl.handle.net/1721.1/157106 |
| _version_ | 1824458307396435968 |
|---|---|
| author | Xu, Yujian |
| author2 | Wheaton, William C. |
| author_facet | Wheaton, William C. Xu, Yujian |
| author_sort | Xu, Yujian |
| collection | MIT |
| description | This study closely examines the correlation between high street retail rents and key economic indicators, specifically Consumer Price Index (CPI) and Gross Domestic Product (GDP). Utilizing data on rent levels from prominent high streets globally, the analysis incorporates these macroeconomic indicators to discern patterns and relationships. Through methodologies such as multiple linear regression and Error Correction Model (ECM), the paper aims not only to analyze how high street retail rents align with CPI and GDP but also to explore the primary factors influencing these rents. In studying high street retail properties or considering the acquisition of such properties, this methodology can be used to determine whether a high street is susceptible to macroeconomic fluctuations. If not, it may be necessary to consider the uniqueness of the area or potential risks involved. |
| first_indexed | 2025-02-19T04:23:49Z |
| format | Thesis |
| id | mit-1721.1/157106 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2025-02-19T04:23:49Z |
| publishDate | 2024 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1571062024-10-03T03:19:23Z Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends Xu, Yujian Wheaton, William C. Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. This study closely examines the correlation between high street retail rents and key economic indicators, specifically Consumer Price Index (CPI) and Gross Domestic Product (GDP). Utilizing data on rent levels from prominent high streets globally, the analysis incorporates these macroeconomic indicators to discern patterns and relationships. Through methodologies such as multiple linear regression and Error Correction Model (ECM), the paper aims not only to analyze how high street retail rents align with CPI and GDP but also to explore the primary factors influencing these rents. In studying high street retail properties or considering the acquisition of such properties, this methodology can be used to determine whether a high street is susceptible to macroeconomic fluctuations. If not, it may be necessary to consider the uniqueness of the area or potential risks involved. S.M. 2024-10-02T17:30:53Z 2024-10-02T17:30:53Z 2024-09 2024-08-19T18:12:37.514Z Thesis https://hdl.handle.net/1721.1/157106 In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ application/pdf Massachusetts Institute of Technology |
| spellingShingle | Xu, Yujian Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends |
| title | Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends |
| title_full | Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends |
| title_fullStr | Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends |
| title_full_unstemmed | Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends |
| title_short | Do High Street Retail Rents Align with the Economy? An Analysis of Retail Real Estate Pricing Dynamics Based on Macroeconomic Trends |
| title_sort | do high street retail rents align with the economy an analysis of retail real estate pricing dynamics based on macroeconomic trends |
| url | https://hdl.handle.net/1721.1/157106 |
| work_keys_str_mv | AT xuyujian dohighstreetretailrentsalignwiththeeconomyananalysisofretailrealestatepricingdynamicsbasedonmacroeconomictrends |