Impact of Air Quality on Housing Prices: A Machine Learning Approach

Feng, Zulin and Li, Xinlong (2023) Impact of Air Quality on Housing Prices: A Machine Learning Approach. In: Proceedings of the 3rd International Conference on Big Data Economy and Information Management, BDEIM 2022, December 2-3, 2022, Zhengzhou, China.

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Abstract

This paper investigates whether air quality could impact people’s willingness to pay in the housing market. Leveraging OLS regression, Random Forest, Lasso, and Ridge regression, we find a negative correlation between housing prices and air pollution. We use Air Quali-ty Index to measure air quality

Item Type: Conference or Workshop Item (UNSPECIFIED)
Date Deposited: 04 Mar 2026 16:21
Last Modified: 17 Apr 2026 02:58
URI: http://eprints.eai.eu/id/eprint/43426

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