This article explores how geographically weighted regression models account for various spatial foreclosure spillovers and impact equity and uniformity of mass appraisal automated valuation models.
|Journal||Journal of Property Tax Assessment and Administration|
|Early online date||30 Sep 2016|
|Publication status||E-pub ahead of print - 30 Sep 2016|
- Property Tax
- Spatial analysis
- Automated Valuation models
Bidanset, P., McCord, M., & Davis, P. (2016). Spatially Accounting for Spillover effects of Foreclosures in Automated Valuation Models to Promote Accuracy and Uniformity of Property Tax Assessments. Journal of Property Tax Assessment and Administration, 13(1), 5-19. http://uir.ulster.ac.uk/35684/1/foreclosure%20paper%20JPTAA.pdf