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Volume 11
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Article
Peer-Review Record

Research on the Measurement Method of Benchmark Price of Rental Housing

Land 2022, 11(5), 759; https://doi.org/10.3390/land11050759
by Hao Xi 1, Lin Tang 2 and Changchun Feng 1,2,*
Reviewer 1: Anonymous
Reviewer 2:
Debora Anelli
Land 2022, 11(5), 759; https://doi.org/10.3390/land11050759
Submission received: 30 April 2022 / Revised: 19 May 2022 / Accepted: 20 May 2022 / Published: 22 May 2022
(This article belongs to the Special Issue Urban Planning and Housing Market)

Round 1

Reviewer 1 Report

 

This is a work that purports to link spatial analysis with real estate analysis using a GIS. The authors may have carried out an interesting work, but papers with serious deficits in their mathematical notation or explanation of mathematical formulas, are not ready for publication. Consider for instance the following

1) Formula 3 has one parenthesis only (the other one is missing).

2)The notation ε,ε~N(0,σ2Ι) does not make sense mathematically and should be corrected. This term reappears in almost all formulas, even at the final formula of line 391.

3) it is unknown how the parameters λ, μ, ε are calculated numerically, what ranges of values they assume and why.

4) It is also unknown what values does σ2Ι

5) The equations in lines 387 and 391 have the same numbering (2).

Author Response

Please see the attachment.

Author Response File: Author Response.docx

Reviewer 2 Report

Aim of the work is to benchmark the price of rental housing. The topic is interesting and some suggestions are provided in order to improve the work:

Abstract

  • clarifly the reasons of the work and the main innovative contribution

Introduction

  • the literature review on the benchmark index systems is missing. Some useful references can be: Morano, P., Guarini, M. R., Sica, F., & Anelli, D. (2021, September). Ecosystem Services and Land Take. A Composite Indicator for the Assessment of Sustainable Urban Projects. In International Conference on Computational Science and Its Applications (pp. 210-225). Springer, Cham and Hosios, A. J., & Pesando, J. E. (1991). Measuring prices in resale housing markets in Canada: evidence and implications. Journal of Housing Economics, 1(4), 303-317.

Materials and methods

  • add a tabel with all the indicators considered, each source of data and the reference of years

Conclusions

  • Suggest the usefulness of the study for the final users

Author Response

Please see the attachment.

Author Response File: Author Response.docx

Round 2

Reviewer 1 Report

The authors have improved their manuscript, so it is now ready for publication.

Reviewer 2 Report

The efforts made by the Authors are apprecciated.

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