Using Large Language Models to Predict Neighbourhood Change
Year: 2025
Type: conference-paper
Abstract: This paper uses a large-language model (LLM) to read user-contributed text data – in this case property listings on Airbnb – and assign a score to indicate the degree to which the property’s neighbourhood is potentially undergoing gentrification. Preliminary results for a case study in Bristol are evaluated. These scores will ultimately be used as an input in a model of dynamic spatio-temporal neighbourhood change with the aims of (i) quantifying the impact that neighbourhood reputation has on historical house prices and (ii) predicting the emergence of new house price bubbles.
Authors: Malleson, Nick, Quang, Thanh Bui, Nguyen Thi Thuy, Hang, Hoang Huu, Phe, Kieu, Minh, Asher, Molly, Wang, Yiyu, Comber, Alexis
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6930881464
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