Accomplishments
Discrete Choice Model: Residential Location Choice
Category
Articles
Authors
Flora Pandya & Suresh Maind
Publisher
National Institute Of Urban Affairs
Publishing Date
01-Jul-2017
volume
37
Issue
1
Pages
26
- Abstract
Household’s decisions are much more complex as where to live and work while also choosing for the mode of transport to be used.Housing decisions are interdependent on the workplace location as people reside close to working location so as to reduce the time and cost. Paper has focused on the residential location choice for the Mumbai Metropolitan Region (MMR). Discrete choice model’s one of the family multinomial logit models are used for the analysis.Results indicate that the distance to the CBD, price of the house and family income are most Significant factors that influences the residential location choice.
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