Housing is one of the most important industries in any economy which acts as a driving engine of growth given its market size, interactions with other industries, and its capacity to create numerous direct and indirect jobs. It is of utmost importance to gain a precise understanding of the industry’s structure since it deals with housing as one of the basic needs of modern society.

A superior comprehension of the elements of the land business can reveal insight into the way that arrangement creators approach tackling the issues in regards to this area. Lately, the diminishing pattern of lodging reasonableness records in both rental and proprietor involved segments is one of the most difficult issues in this market of the US.

Despite the importance of this issue, the system complexity and multivariable nature of this ecosystem have obscured the research’s results and consequently, there are many unexplored aspects. Several parameters interact with each other in the housing market which justifies the need for developing a comprehensive methodology to simultaneously incorporate the effects of different aspects associated with the market.