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Startup that estimates housing prices

Posted: Fri Aug 18, 2017 10:29 pm
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

Re: Startup that estimates housing prices

Posted: Sat Aug 19, 2017 12:02 am
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.

Re: Startup that estimates housing prices

Posted: Sat Aug 19, 2017 12:02 am
by RetireJapan