Data intelligence and real estate – machines are the real game changer

IF 1.6 Q3 BUSINESS, FINANCE Journal of Property Investment & Finance Pub Date : 2021-12-22 DOI:10.1108/jpif-11-2021-0101
Marcelo Cajias, Anett Wins
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引用次数: 1

Abstract

PurposeThe paper shows with two concrete examples about how algorithms are used in active real estate management. The paper also highlights that the discussion about the adoption of new technologies is crucial for market players.Design/methodology/approach The authors review the current status quo about new technologies in real estate and provide two examples of how algorithms can be used to understand locations and the value drivers of rents.FindingsLocation, location, location is nowadays data, data, data coupled with the knowledge of how to create life out of data. Algorithm can help to understand the value drivers of rents and can also help to evaluate the attractiveness of a location.Practical implicationsReal estate management will adapt to new technologies fast. This change has the potential to disrupt exiting strategies due to the increase in efficiency, insights, transparency and location knowledge. Investment managers walking this talk will definitely benefit in future.Originality/valueThe paper makes usage of the latest machine learning technologies applied to real estate investment cases. This is a unique opportunity on bringing light on the discussion about transparency in real estate.
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数据智能和房地产——机器才是真正的游戏规则改变者
目的通过两个具体的实例说明算法在主动房地产管理中的应用。本文还强调,关于采用新技术的讨论对市场参与者至关重要。作者回顾了房地产新技术的现状,并提供了两个例子,说明如何使用算法来理解位置和租金的价值驱动因素。如今,位置、位置、位置就是数据、数据、数据,再加上如何从数据中创造生活的知识。算法可以帮助理解租金的价值驱动因素,也可以帮助评估一个地点的吸引力。房地产管理将快速适应新技术。由于效率、洞察力、透明度和位置知识的提高,这种变化有可能破坏现有的战略。这样做的投资经理将来肯定会受益。本文将最新的机器学习技术应用于房地产投资案例。这是一个独特的机会,让关于房地产透明度的讨论变得明朗。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
3.50
自引率
23.10%
发文量
33
期刊介绍: Fully refereed papers on practice and methodology in the UK, continental Western Europe, emerging markets of Eastern Europe, China, Australasia, Africa and the USA, in the following areas: ■Academic papers on the latest research, thinking and developments ■Law reports assessing new legislation ■Market data for a comprehensive review of current research ■Practice papers - a forum for the exchange of ideas and experiences
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