Artificial intelligence and machine learning : current applications in real estate
Name
1088413444-MIT.pdf
Description
Full printable version
Size
7.82 MB
Format
Adobe PDF
Checksum (MD5)
3ea070c4ed9519fcf1c4b724600da375
Author(s)
Conway, Jennifer (Jennifer Elizabeth)
Advisor(s)
Alex Van De Minne and David Geltner.
Date Issued
2018
Publisher
Massachusetts Institute of Technology
Abstract
Real estate meets machine learning: real contribution or just hype? Creating and managing the built environment is a complicated task fraught with difficult decisions, challenging relationships, and a multitude of variables. Today's technology experts are building computers and software that can help resolve many of these challenges, some of them using what is broadly called artificial intelligence and machine learning. This thesis will define machine learning and artificial intelligence for the investor and real estate audience, examine the ways in which these new analytic, predictive, and automating technologies are being used in the real estate industry, and postulate potential future applications and associated challenges. Machine learning and artificial intelligence can and will be used to facilitate real estate investment in myriad ways, spanning all aspects of the real estate profession -- from property management, to investment decisions, to development processes -- transforming real estate into a more efficient and data-driven industry.
Description
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2018.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged from student-submitted PDF version of thesis.
Includes bibliographical references (pages 113-117).
Subjects
Center for Real Estate. Program in Real Estate Development.
MIT Department
Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.
Massachusetts Institute of Technology. Center for Real Estate
Terms of Use
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