Assessing the Effect of Mansionization on Suburban Single-Family House Sales Prices

2019 ◽  
pp. 0739456X1983315
Author(s):  
Suzanne Lanyi Charles

Using observed single-family house sales in the inner-ring suburbs of Chicago from 2010 through 2017, this paper uses a multilevel mixed-effects model with crossed random effects to estimate the effect that millennium mansions—new, large single-family houses—have on the sales prices of nearby single-family houses. Controlling for property, sale timing, and surrounding neighborhood socioeconomic characteristics, the study finds that mansionization is associated with an increase in the sales prices of neighboring houses. Long-term residents of a neighborhood undergoing mansionization should not fear a decrease in their house values; however, decreases in neighborhood affordability may result in exclusionary displacement.

Buildings ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 215
Author(s):  
Bojana Petrović ◽  
Xingxing Zhang ◽  
Ola Eriksson ◽  
Marita Wallhagen

The objective of this paper was to explore long-term costs for a single-family house in Sweden during its entire lifetime. In order to estimate the total costs, considering construction, replacement, operation, and end-of-life costs over the long term, the life cycle cost (LCC) method was applied. Different cost solutions were analysed including various economic parameters in a sensitivity analysis. Economic parameters used in the analysis include various nominal discount rates (7%, 5%, and 3%), an inflation rate of 2%, and energy escalation rates (2–6%). The study includes two lifespans (100 and 50 years). The discounting scheme was used in the calculations. Additionally, carbon-dioxide equivalent (CO2e) emissions were considered and systematically analysed with costs. Findings show that when the discount rate is decreased from 7% to 3%, the total costs are increased significantly, by 44% for a 100-year lifespan, while for a 50 years lifespan the total costs show a minor increase by 18%. The construction costs represent a major part of total LCC, with labor costs making up half of them. Considering costs and emissions together, a full correlation was not found, while a partial relationship was investigated. Results can be useful for decision-makers in the building sector.


2018 ◽  
Vol 215 ◽  
pp. 384-395 ◽  
Author(s):  
Magdalena Nemś ◽  
Jacek Kasperski ◽  
Artur Nemś ◽  
Anna Bać

Soil Research ◽  
2019 ◽  
Vol 57 (7) ◽  
pp. 738 ◽  
Author(s):  
D. E. Allen ◽  
P. M. Bloesch ◽  
T. G. Orton ◽  
B. L. Schroeder ◽  
D. M. Skocaj ◽  
...  

We explored soil properties as indices of mineralisable nitrogen (N) in sugarcane soils and whether we could increase the accuracy of predicting N mineralisation during laboratory incubations. Utilising historical data in combination with samples collected during 2016, we: (i) measured mineralised N over the course of short-term (14 days) and long-term (301 days) laboratory incubations; (ii) compared models representing mineralisation; then (iii) related model parameters to measured soil properties. We found measures representing the labile organic N pool (Hydrolysable NaOH organic N; amino sugar Illinois soil N test) best related to short-term mineralised N (R2 of 0.50–0.57, P < 0.001), while measures of CO2 production (3, 7, 10 and 14 days) best related to longer-term mineralised N (R2 of 0.75–0.84, P < 0.001). Indices were brought together to model the active and slow pools of a two-pool mineralisation model in the statistical framework of a mixed-effects model. Of the models that relied on measurement of one soil property, cumulative CO2 production (7 days) performed the best when considering all soil types; in a cross-validation test, this model gave an external R2 of 0.77 for prediction of the 301-day mineralised N. Since the mixed-effects model accounts for the various sources of uncertainty, we suggest this approach as a framework for prediction of in-field available N, with further measurement of long-term mineralised N in other soils to strengthen predictive certainty of these soil indices.


2015 ◽  
Vol 26 (4) ◽  
pp. 1838-1853 ◽  
Author(s):  
Dongyuan Xing ◽  
Yangxin Huang ◽  
Henian Chen ◽  
Yiliang Zhu ◽  
Getachew A Dagne ◽  
...  

Semicontinuous data featured with an excessive proportion of zeros and right-skewed continuous positive values arise frequently in practice. One example would be the substance abuse/dependence symptoms data for which a substantial proportion of subjects investigated may report zero. Two-part mixed-effects models have been developed to analyze repeated measures of semicontinuous data from longitudinal studies. In this paper, we propose a flexible two-part mixed-effects model with skew distributions for correlated semicontinuous alcohol data under the framework of a Bayesian approach. The proposed model specification consists of two mixed-effects models linked by the correlated random effects: (i) a model on the occurrence of positive values using a generalized logistic mixed-effects model (Part I); and (ii) a model on the intensity of positive values using a linear mixed-effects model where the model errors follow skew distributions including skew- t and skew-normal distributions (Part II). The proposed method is illustrated with an alcohol abuse/dependence symptoms data from a longitudinal observational study, and the analytic results are reported by comparing potential models under different random-effects structures. Simulation studies are conducted to assess the performance of the proposed models and method.


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