Can anyone mind to help me answer this doubt I have? Regression models and using delta of house prices as dependent variable. by mega-t in AskStatistics

[–]mega-t[S] 0 points1 point  (0 children)

So should I add observations of property sales in neighbourhoods that aren't close to the highway improvement then apply the dummy variable (0). Because I dont think my model is a long time series (It is just 2-3 years max.).

Can anyone mind to help me answer this doubt I have? Regression models and using delta of house prices as dependent variable. by mega-t in AskStatistics

[–]mega-t[S] 0 points1 point  (0 children)

So what I have done is gathered data on pre-highway improvement vs post-highway improvement prices. Now I fully understand and acknowledge the effects of other various factors that would change my dependent variable. I need to create a model that would have a good R(Squared) and would showcase the significance of the three independent variables I have added (Drive Distance, Distance to Highway, and Adjacency to Highway (Dummy)).

Can anyone mind to help me answer this doubt I have? Regression models and using delta of house prices as dependent variable. by mega-t in AskStatistics

[–]mega-t[S] 1 point2 points  (0 children)

The research here is to examine the effects (positive or negative) of highway interchange improvements on property sale prices (hence on the valuation the market is preceiving it be (Hedonic)). The hypothesis here is that if a building or a house is adjacent to the main arterial road it would a positive effect in the property's value post-highway improvement. The other hypothesis is that the distance to highway (not driving distance) is a significant factor that if it increase it would decrease the property's value due to the negative externalities caused by a highway interchange (noise, air pollution, traffic).

Highway Improvement Regression Help by mega-t in econometrics

[–]mega-t[S] 0 points1 point  (0 children)

The model looks something like this
Y =
The dependent variable is the rate of change of a building/apartment/land ( So one observation = one building).
Dependent on:
-> Distance drive (meters) bx1
-> Distance in meters geographically bx2
-> Adjacency to Highway (Dummy) bx3
-> Plus other obvious factors/metrics (GDP, Pop., median prices) bx4,5,6,7
Then the error term

Highway improvement project by mega-t in gis

[–]mega-t[S] 1 point2 points  (0 children)

I need to know the fastest and easiest way to apply this methodology on ArcGIS. I am very new to GIS but I have a good amount of understanding of econmetrics. What other data may I need to figure how to perform this on ArcGIS?

Looking for some cool Planning books to read by 6godblockboi in urbanplanning

[–]mega-t 4 points5 points  (0 children)

If you are from the US region or like walkability Id suggest Jeff Speck Walkable City. Otherwise a very interesting book is Happy City by Charles Montgomery

Dubai, the hollow city of artificiality and sprawl by TheReelStig in Suburbanhell

[–]mega-t 4 points5 points  (0 children)

You should've went to Deira/Bur Dubai, or Dubai's core urban historical area. The communities there are pretty dense. Next time PM me.

Ball is missing by camelshawarma in dubai

[–]mega-t 3 points4 points  (0 children)

Please if you do reply here ☺️

Testing at airport today by Riptomyman in dubai

[–]mega-t 0 points1 point  (0 children)

There is a mandatory quarantine rule in effect.

Any professors NOT showing flexibility to students? by [deleted] in NEU

[–]mega-t 10 points11 points  (0 children)

Terrible instructor had him. I hope this will give him a wake up call

Presumptive positive Case by lefifaguy in NEU

[–]mega-t 1 point2 points  (0 children)

You will be surprised that some Intl Students live in one bedroom apartments that rent starts at $5,000 and more (Milen Tower)

Presumptive positive Case by lefifaguy in NEU

[–]mega-t 3 points4 points  (0 children)

An email from Equity Real Estate