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Record W3121923254

Questions About the Equivalence of Market Rents and User Costs for Owner Occupied Housing

2013· article· en· W3121923254 on OpenAlexaff
Alan Heston, Alice Nakamura

Bibliographic record

VenueSSRN Electronic Journal · 2013
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHousing Market and Economics
Canadian institutionsUniversity of Alberta
Fundersnot available
KeywordsEconomic rentRentingReal estateStock (firearms)PaymentBusinessCost approachPublic economicsValue (mathematics)Actuarial scienceEconomicsFinanceReal estate investment trustMicroeconomicsGeographyEngineering
DOInot available

Abstract

fetched live from OpenAlex

For modern nations, it is recognized as important that temporal and spatial variations in costs for comparable dwelling services are carefully measured. The costs of owner occupied as well as rental housing have important roles to play in both the consumer price index (CPI) and the System of National Accounts (SNA). The 1993 System of National Accounts (SNA93) specifies that a rental value of the housing stock should be included as part of the aggregates for personal consumption, personal income, income of proprietors and value added for the real estate industry. Yet, little attention has been devoted to an underlying commonality of practice: the implicit assumption that housing cost information for either renters or owner occupiers can be used for assessing movements over time and spatial differences in the cost of housing for both renters and owners, after allowing for differences regarding payment for taxes and certain ongoing expenses such as insurance and utilities. But in the real world, are the services that renters and owner occupiers get from their dwellings comparable? Also, for both renters and owner occupiers, are there place-related differences in the services they derive from their dwellings? And if so, what are the implications for official statistics making? These are the questions raised by the empirical results presented in this paper.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.007
metaresearch head score (Gemma)0.094
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.016
Threshold uncertainty score0.052

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0070.094
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0030.004
Science and technology studies0.0010.010
Scholarly communication0.0050.016
Open science0.0030.003
Research integrity0.0020.003
Insufficient payload (model declined to judge)0.0160.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.018
GPT teacher head0.229
Teacher spread0.211 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2013
Admission routes1
Has abstractyes

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