Print Email Facebook Twitter Developing a rent index for Flanders Title Developing a rent index for Flanders Author Vastmans, F. De Vries, P. Faculty OTB Research Institute for the Built Environment Department OTB Research Date 2011-02-17 Abstract This paper describes the development of a rent index for Flanders, Belgium. This annual index, referred to as the huurprijsindex (rent index), is designed to detect changes in the rent of the overall stock of rental homes. We use the matched model methodology based upon repeat tenancy agreements, analogous to Case and Shiller’s geometric repeat sales model, to estimate the rent index. We use recorded data on the tenancy agreements of nearly five hundred thousand rental homes; more than 30,000 representing repeat agreements between 1990 and 2010. The accuracy of the index is determined using the 95% confidence interval. Given our target (a geometric mean index value) and the characteristics of the dataset (large but without property characteristics) our repeat tenancy agreements method seems to be adequate for calculating a rent index for Flanders. To reference this document use: http://resolver.tudelft.nl/uuid:fcdff150-9c31-4ec5-b2a2-c8326ed3f67d Publisher Ecole Polytechnique Federale Lausanne Source ENHR Housing Economics Group Workshop/Conference, Lausanne, Switzerland, 17-18 February, 2011; preliminary version Part of collection Institutional Repository Document type conference paper Rights (c) 2011 The Author(s)Delft University of Technology Files PDF 268622.pdf 57.46 KB Close viewer /islandora/object/uuid:fcdff150-9c31-4ec5-b2a2-c8326ed3f67d/datastream/OBJ/view