Nina Brillhart, Descriptive & Predictive Analytics: Crossroads Church Attendance Analysis, Spring 2022 (Brent Suer, Leonardo Lozano) This model can extrapolate coefficients to calculate projected prices for a property not included in our data (property without a designated price yet). To calculate the appropriate rent price in Cincinnati (45202 zip code) at any given time it is important to pull current market data every month and run an analytical model. To address this problem, a calculator was created which would allow property managers to understand what a property may be worth in the 45202 zip code based on property information. On the contrary, if priced too low, the property would miss out on potential revenue. In the volatile rent market, if a property was priced too high, it could stay on the market longer earning no money for the property managers.
With changing populations also came changing rent prices which introduced a lose-lose situation for property managers. The coronavirus pandemic brought a lot of changes to society including the change in where people decided to live. Rishi Ambani, Appropriate Rent Prices in Cincinnati, Spring 2022 (Michael Morelli, Dylan Accorti)
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