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UQO Working Paper No. 2 — Decoding Real Estate Descriptions: text-based hedonic analysis of housing listings.

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1test,variable,statistic,value,p_value,note2VIF,sim_luxe,VIF,22.7706,,VIF>10 indicates severe multicollinearity3VIF,sim_entree_de_gamme,VIF,40.7301,,VIF>10 indicates severe multicollinearity4VIF,sim_renove,VIF,41.6236,,VIF>10 indicates severe multicollinearity5VIF,sim_a_renover,VIF,17.5734,,VIF>10 indicates severe multicollinearity6VIF,sim_lumineux_spacieux,VIF,23.3201,,VIF>10 indicates severe multicollinearity7VIF,sim_terrain_nature,VIF,8.5203,,VIF>10 indicates severe multicollinearity8VIF,sim_vue_panoramique,VIF,8.812,,VIF>10 indicates severe multicollinearity9VIF,sim_localisation_premium,VIF,12.3623,,VIF>10 indicates severe multicollinearity10VIF,sim_tranquillite,VIF,12.6281,,VIF>10 indicates severe multicollinearity11VIF,sim_revenu_investissement,VIF,13.9468,,VIF>10 indicates severe multicollinearity12VIF,sim_garage_stationnement,VIF,4.5984,,VIF>10 indicates severe multicollinearity13VIF,sim_sous_sol_amenage,VIF,10.8236,,VIF>10 indicates severe multicollinearity14VIF,sim_moderne_contemporain,VIF,14.8909,,VIF>10 indicates severe multicollinearity15VIF,sim_cachet_patrimonial,VIF,14.5753,,VIF>10 indicates severe multicollinearity16VIF,sim_ecoefficace,VIF,13.0672,,VIF>10 indicates severe multicollinearity17VIF,sim_urgence_motivation,VIF,29.1178,,VIF>10 indicates severe multicollinearity18VIF,sim_familial,VIF,11.1171,,VIF>10 indicates severe multicollinearity19VIF,sim_bord_eau,VIF,9.6265,,VIF>10 indicates severe multicollinearity20VIF,sim_neuf_construction,VIF,18.3429,,VIF>10 indicates severe multicollinearity21VIF,sim_piscine_amenagement,VIF,16.3326,,VIF>10 indicates severe multicollinearity22Breusch-Pagan,Model D (global),LM,767.9686,0.0,HC3 justified23Breusch-Pagan,Model D (global),F,29.733,0.0,24QuantReg_tau0.25,sim_luxe,coeff,0.092785,6e-06,tau=0.2525QuantReg_tau0.25,sim_entree_de_gamme,coeff,0.018237,0.508408,tau=0.2526QuantReg_tau0.25,sim_renove,coeff,0.037206,0.188211,tau=0.2527QuantReg_tau0.25,sim_a_renover,coeff,-0.090109,1e-06,tau=0.2528QuantReg_tau0.25,sim_lumineux_spacieux,coeff,-0.093789,8e-06,tau=0.2529QuantReg_tau0.25,sim_terrain_nature,coeff,0.104668,0.0,tau=0.2530QuantReg_tau0.25,sim_vue_panoramique,coeff,0.011204,0.373229,tau=0.2531QuantReg_tau0.25,sim_localisation_premium,coeff,-0.007672,0.611494,tau=0.2532QuantReg_tau0.25,sim_tranquillite,coeff,-0.109597,0.0,tau=0.2533QuantReg_tau0.25,sim_revenu_investissement,coeff,-0.013501,0.403534,tau=0.2534QuantReg_tau0.25,sim_garage_stationnement,coeff,0.023716,0.010856,tau=0.2535QuantReg_tau0.25,sim_sous_sol_amenage,coeff,0.002513,0.863057,tau=0.2536QuantReg_tau0.25,sim_moderne_contemporain,coeff,0.148058,0.0,tau=0.2537QuantReg_tau0.25,sim_cachet_patrimonial,coeff,0.012577,0.452404,tau=0.2538QuantReg_tau0.25,sim_ecoefficace,coeff,-0.040865,0.009106,tau=0.2539QuantReg_tau0.25,sim_urgence_motivation,coeff,-0.091447,8.7e-05,tau=0.2540QuantReg_tau0.25,sim_familial,coeff,-0.121245,0.0,tau=0.2541QuantReg_tau0.25,sim_bord_eau,coeff,-0.012354,0.355754,tau=0.2542QuantReg_tau0.25,sim_neuf_construction,coeff,-0.067734,0.000255,tau=0.2543QuantReg_tau0.25,sim_piscine_amenagement,coeff,0.092149,0.0,tau=0.2544QuantReg_tau0.5,sim_luxe,coeff,0.130194,0.0,tau=0.545QuantReg_tau0.5,sim_entree_de_gamme,coeff,0.02816,0.236393,tau=0.546QuantReg_tau0.5,sim_renove,coeff,0.029361,0.221999,tau=0.547QuantReg_tau0.5,sim_a_renover,coeff,-0.064604,3.6e-05,tau=0.548QuantReg_tau0.5,sim_lumineux_spacieux,coeff,-0.0771,1.8e-05,tau=0.549QuantReg_tau0.5,sim_terrain_nature,coeff,0.097503,0.0,tau=0.550QuantReg_tau0.5,sim_vue_panoramique,coeff,0.01739,0.115965,tau=0.551QuantReg_tau0.5,sim_localisation_premium,coeff,-0.046855,0.00035,tau=0.552QuantReg_tau0.5,sim_tranquillite,coeff,-0.072087,0.0,tau=0.553QuantReg_tau0.5,sim_revenu_investissement,coeff,-0.017631,0.205206,tau=0.554QuantReg_tau0.5,sim_garage_stationnement,coeff,0.009516,0.23374,tau=0.555QuantReg_tau0.5,sim_sous_sol_amenage,coeff,-0.042981,0.000456,tau=0.556QuantReg_tau0.5,sim_moderne_contemporain,coeff,0.120851,0.0,tau=0.557QuantReg_tau0.5,sim_cachet_patrimonial,coeff,0.003009,0.832502,tau=0.558QuantReg_tau0.5,sim_ecoefficace,coeff,-0.061271,5e-06,tau=0.559QuantReg_tau0.5,sim_urgence_motivation,coeff,-0.045931,0.022372,tau=0.560QuantReg_tau0.5,sim_familial,coeff,-0.104553,0.0,tau=0.561QuantReg_tau0.5,sim_bord_eau,coeff,0.03904,0.000735,tau=0.562QuantReg_tau0.5,sim_neuf_construction,coeff,-0.078994,1e-06,tau=0.563QuantReg_tau0.5,sim_piscine_amenagement,coeff,0.035215,0.019383,tau=0.564QuantReg_tau0.75,sim_luxe,coeff,0.159658,0.0,tau=0.7565QuantReg_tau0.75,sim_entree_de_gamme,coeff,0.101336,7.4e-05,tau=0.7566QuantReg_tau0.75,sim_renove,coeff,0.051023,0.049064,tau=0.7567QuantReg_tau0.75,sim_a_renover,coeff,-0.043708,0.009328,tau=0.7568QuantReg_tau0.75,sim_lumineux_spacieux,coeff,-0.093022,1e-06,tau=0.7569QuantReg_tau0.75,sim_terrain_nature,coeff,0.103853,0.0,tau=0.7570QuantReg_tau0.75,sim_vue_panoramique,coeff,0.03871,0.001647,tau=0.7571QuantReg_tau0.75,sim_localisation_premium,coeff,-0.077074,0.0,tau=0.7572QuantReg_tau0.75,sim_tranquillite,coeff,-0.06393,6e-06,tau=0.7573QuantReg_tau0.75,sim_revenu_investissement,coeff,-0.040171,0.008013,tau=0.7574QuantReg_tau0.75,sim_garage_stationnement,coeff,0.01067,0.22168,tau=0.7575QuantReg_tau0.75,sim_sous_sol_amenage,coeff,-0.077482,0.0,tau=0.7576QuantReg_tau0.75,sim_moderne_contemporain,coeff,0.155206,0.0,tau=0.7577QuantReg_tau0.75,sim_cachet_patrimonial,coeff,-0.016438,0.27749,tau=0.7578QuantReg_tau0.75,sim_ecoefficace,coeff,-0.088825,0.0,tau=0.7579QuantReg_tau0.75,sim_urgence_motivation,coeff,-0.038802,0.073303,tau=0.7580QuantReg_tau0.75,sim_familial,coeff,-0.10807,0.0,tau=0.7581QuantReg_tau0.75,sim_bord_eau,coeff,0.094023,0.0,tau=0.7582QuantReg_tau0.75,sim_neuf_construction,coeff,-0.142198,0.0,tau=0.7583QuantReg_tau0.75,sim_piscine_amenagement,coeff,-0.030493,0.059856,tau=0.7584Winsorized_1pct,sim_luxe,coeff,0.121383,0.0,"full=0.133028, delta=-0.011645"85Winsorized_1pct,sim_entree_de_gamme,coeff,0.075499,0.001135,"full=0.099091, delta=-0.023592"86Winsorized_1pct,sim_renove,coeff,0.054028,0.029264,"full=0.050149, delta=0.003879"87Winsorized_1pct,sim_a_renover,coeff,-0.081516,0.0,"full=-0.082677, delta=0.001161"88Winsorized_1pct,sim_lumineux_spacieux,coeff,-0.075665,1e-05,"full=-0.093635, delta=0.01797"89Winsorized_1pct,sim_terrain_nature,coeff,0.112752,0.0,"full=0.122461, delta=-0.009709"90Winsorized_1pct,sim_vue_panoramique,coeff,0.024619,0.023624,"full=0.030032, delta=-0.005413"91Winsorized_1pct,sim_localisation_premium,coeff,-0.061407,3e-06,"full=-0.062782, delta=0.001375"92Winsorized_1pct,sim_tranquillite,coeff,-0.084233,0.0,"full=-0.099506, delta=0.015274"93Winsorized_1pct,sim_revenu_investissement,coeff,-0.02238,0.134706,"full=-0.031591, delta=0.009211"94Winsorized_1pct,sim_garage_stationnement,coeff,0.01799,0.028961,"full=0.018962, delta=-0.000972"95Winsorized_1pct,sim_sous_sol_amenage,coeff,-0.040515,0.002921,"full=-0.036992, delta=-0.003523"96Winsorized_1pct,sim_moderne_contemporain,coeff,0.148945,0.0,"full=0.151681, delta=-0.002736"97Winsorized_1pct,sim_cachet_patrimonial,coeff,0.003331,0.806984,"full=0.010281, delta=-0.00695"98Winsorized_1pct,sim_ecoefficace,coeff,-0.076995,0.0,"full=-0.081162, delta=0.004166"99Winsorized_1pct,sim_urgence_motivation,coeff,-0.066107,0.000907,"full=-0.088969, delta=0.022862"100Winsorized_1pct,sim_familial,coeff,-0.115979,0.0,"full=-0.123651, delta=0.007672"101Winsorized_1pct,sim_bord_eau,coeff,0.046955,6e-05,"full=0.046184, delta=0.000771"102Winsorized_1pct,sim_neuf_construction,coeff,-0.109556,0.0,"full=-0.110532, delta=0.000975"103Winsorized_1pct,sim_piscine_amenagement,coeff,0.01077,0.472274,"full=0.024584, delta=-0.013814"104Winsorized_1pct,Model D (global),R2,0.486655,,n=16746105Bootstrap_1000,sim_luxe,boot_SE,0.018274,,"HC3_SE=0.01819, ratio=1.0046, CI=[0.09531,0.16559]"106Bootstrap_1000,sim_entree_de_gamme,boot_SE,0.025253,,"HC3_SE=0.025104, ratio=1.0059, CI=[0.04966,0.14727]"107Bootstrap_1000,sim_renove,boot_SE,0.024375,,"HC3_SE=0.026702, ratio=0.9129, CI=[-0.00459,0.09139]"108Bootstrap_1000,sim_a_renover,boot_SE,0.016534,,"HC3_SE=0.016998, ratio=0.9727, CI=[-0.11369,-0.05055]"109Bootstrap_1000,sim_lumineux_spacieux,boot_SE,0.018756,,"HC3_SE=0.018482, ratio=1.0148, CI=[-0.13029,-0.05775]"110Bootstrap_1000,sim_terrain_nature,boot_SE,0.011472,,"HC3_SE=0.012221, ratio=0.9388, CI=[0.09936,0.14388]"111Bootstrap_1000,sim_vue_panoramique,boot_SE,0.011258,,"HC3_SE=0.011619, ratio=0.9689, CI=[0.00791,0.05139]"112Bootstrap_1000,sim_localisation_premium,boot_SE,0.013852,,"HC3_SE=0.013861, ratio=0.9994, CI=[-0.08837,-0.03427]"113Bootstrap_1000,sim_tranquillite,boot_SE,0.013009,,"HC3_SE=0.01419, ratio=0.9168, CI=[-0.12354,-0.07242]"114Bootstrap_1000,sim_revenu_investissement,boot_SE,0.01567,,"HC3_SE=0.016178, ratio=0.9686, CI=[-0.06356,-0.00397]"115Bootstrap_1000,sim_garage_stationnement,boot_SE,0.008339,,"HC3_SE=0.008647, ratio=0.9644, CI=[0.00309,0.03474]"116Bootstrap_1000,sim_sous_sol_amenage,boot_SE,0.013495,,"HC3_SE=0.014677, ratio=0.9194, CI=[-0.05943,-0.00654]"117Bootstrap_1000,sim_moderne_contemporain,boot_SE,0.015403,,"HC3_SE=0.015508, ratio=0.9933, CI=[0.12173,0.1817]"118Bootstrap_1000,sim_cachet_patrimonial,boot_SE,0.013751,,"HC3_SE=0.014671, ratio=0.9373, CI=[-0.01754,0.03592]"119Bootstrap_1000,sim_ecoefficace,boot_SE,0.013284,,"HC3_SE=0.01365, ratio=0.9732, CI=[-0.10561,-0.05552]"120Bootstrap_1000,sim_urgence_motivation,boot_SE,0.020651,,"HC3_SE=0.021572, ratio=0.9573, CI=[-0.12799,-0.04661]"121Bootstrap_1000,sim_familial,boot_SE,0.012559,,"HC3_SE=0.012727, ratio=0.9868, CI=[-0.1504,-0.09947]"122Bootstrap_1000,sim_bord_eau,boot_SE,0.012244,,"HC3_SE=0.012851, ratio=0.9528, CI=[0.02117,0.068]"123Bootstrap_1000,sim_neuf_construction,boot_SE,0.017011,,"HC3_SE=0.01758, ratio=0.9676, CI=[-0.14149,-0.07541]"124Bootstrap_1000,sim_piscine_amenagement,boot_SE,0.015536,,"HC3_SE=0.016137, ratio=0.9628, CI=[-0.00316,0.05715]"125Lasso_CV,sim_luxe,coeff,-0.0,,dropped126Lasso_CV,sim_entree_de_gamme,coeff,-0.0,,dropped127Lasso_CV,sim_renove,coeff,-0.0,,dropped128Lasso_CV,sim_a_renover,coeff,-0.02682,,selected129Lasso_CV,sim_lumineux_spacieux,coeff,-0.0,,dropped130Lasso_CV,sim_terrain_nature,coeff,0.0,,dropped131Lasso_CV,sim_vue_panoramique,coeff,-0.0,,dropped132Lasso_CV,sim_localisation_premium,coeff,-0.046391,,selected133Lasso_CV,sim_tranquillite,coeff,-0.0,,dropped134Lasso_CV,sim_revenu_investissement,coeff,-0.018791,,selected135Lasso_CV,sim_garage_stationnement,coeff,-0.0,,dropped136Lasso_CV,sim_sous_sol_amenage,coeff,-0.0,,dropped137Lasso_CV,sim_moderne_contemporain,coeff,-0.0,,dropped138Lasso_CV,sim_cachet_patrimonial,coeff,-0.0,,dropped139Lasso_CV,sim_ecoefficace,coeff,-0.0,,dropped140Lasso_CV,sim_urgence_motivation,coeff,-0.0,,dropped141Lasso_CV,sim_familial,coeff,-0.026713,,selected142Lasso_CV,sim_bord_eau,coeff,-0.0,,dropped143Lasso_CV,sim_neuf_construction,coeff,-0.0,,dropped144Lasso_CV,sim_piscine_amenagement,coeff,-0.0,,dropped145ElasticNet_CV,sim_luxe,coeff,-0.0,,dropped146ElasticNet_CV,sim_entree_de_gamme,coeff,-0.0,,dropped147ElasticNet_CV,sim_renove,coeff,-0.0,,dropped148ElasticNet_CV,sim_a_renover,coeff,-0.026808,,"selected, l1=0.99"149ElasticNet_CV,sim_lumineux_spacieux,coeff,-0.0,,dropped150ElasticNet_CV,sim_terrain_nature,coeff,0.0,,dropped151ElasticNet_CV,sim_vue_panoramique,coeff,-0.0,,dropped152ElasticNet_CV,sim_localisation_premium,coeff,-0.046368,,"selected, l1=0.99"153ElasticNet_CV,sim_tranquillite,coeff,-0.0,,dropped154ElasticNet_CV,sim_revenu_investissement,coeff,-0.018826,,"selected, l1=0.99"155ElasticNet_CV,sim_garage_stationnement,coeff,-0.0,,dropped156ElasticNet_CV,sim_sous_sol_amenage,coeff,-0.0,,dropped157ElasticNet_CV,sim_moderne_contemporain,coeff,-0.0,,dropped158ElasticNet_CV,sim_cachet_patrimonial,coeff,-0.0,,dropped159ElasticNet_CV,sim_ecoefficace,coeff,-0.0,,dropped160ElasticNet_CV,sim_urgence_motivation,coeff,-0.0,,dropped161ElasticNet_CV,sim_familial,coeff,-0.026718,,"selected, l1=0.99"162ElasticNet_CV,sim_bord_eau,coeff,-0.0,,dropped163ElasticNet_CV,sim_neuf_construction,coeff,-0.0,,dropped164ElasticNet_CV,sim_piscine_amenagement,coeff,-0.0,,dropped165