Market Rent Determinant Variables of Residential Apartments in Addis Ababa, Ethiopia

Masresha Asnakew Belete
Abstract The purpose of this study was to identify rent determinant variables of residential apartments. Reviews of substantial empirical results in different countries indicate that rental value is a result of the combined contribution of the integrated components of the property, amenities, and externalities. To test the significance of some variables on monthly rent in the case study areas, multiple regression model is used for 164 samples in three purposefully selected case study areas. The...
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