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PREDICTORS SELECTION BY LINEAR LASSO MODEL
  1. House type condo

  2. House type townhouse

  3. No of baths

  4. House type single family

  5. Income Inequality

  6. Unemployment rate

MOST RELEVANT PREDICTORS

Optimized lambda = 1

  • No of beds
  • No of baths
  • House type: condo, multi-family, single-family, townhouse
  • Income inequality
  • Education level
  • Population density
(+)
  • Race diversity
  • Unemployment rate
  • Poverty rate
  • No of serious crimes
  • Housing standard violations
  • Home ownership
  • Distance to Central Park
  • Distance to Financial District
(-)
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