Startup that estimates housing prices

Post Reply
Roman Empire
Regular
Posts: 22
Joined: Thu Aug 03, 2017 11:24 am

Startup that estimates housing prices

Post by Roman Empire »

The English version of Nikkei has published an interesting story on Collabit, a startup that estimates housing prices through using artificial intelligence and historical data. Has anyone heard of this company and tried its services before?

The story is here:
https://asia.nikkei.com/Business/Trends ... e-epidemic
User avatar
RetireJapan
Site Admin
Posts: 4782
Joined: Wed Aug 02, 2017 6:57 am
Location: Sendai
Contact:

Re: Startup that estimates housing prices

Post by RetireJapan »

At least one number in that article has to be wrong: there is no way there are 60 million housing units on the market in Japan right now...

Otherwise looks interesting but not particularly groundbreaking. You can see official sale prices on the bilingual government website here: http://www.land.mlit.go.jp/webland/

That should give you a good general idea of what things are worth, assuming the property is in an area that has regular house sales.
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
User avatar
RetireJapan
Site Admin
Posts: 4782
Joined: Wed Aug 02, 2017 6:57 am
Location: Sendai
Contact:

Re: Startup that estimates housing prices

Post by RetireJapan »

English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
Post Reply