Geographic
  • Year: 2024
  • Volume: 19
  • Issue: 1

Determinants of rental values in a small town: A study of serchhip

  • Author:
  • Lal Hmangaihzela1, Benjamin L. Saitluanga2, Joseph Lalngaihawma3
  • Total Page Count: 12
  • Page Number: 91 to 102

1Assistant Professor, Dept of Geography, Government Serchhip College

2Professor, Professor, Department of Geography and Resources Management, Mizoram University

3Research Scholar, Department of Geography and Resources Management, Mizoram University

Online published on 5 July, 2025.

Abstract

At the earlier stage, small cities were neglected and under-theorised in urban studies, and most understandings are usually derived from generalising bigger cities. However, rapid urbanisation in recent years has put pressure on large cities, creating numerous urban problems like scarcity of land for housing and renting. In recent years, planners have been paying more attention to the development of small towns to reduce the rate of urbanisation in large cities. A study on rental housing in small towns reveals the quality of life in general and the housing characteristics in particular. The major objective of the study is to find out the factors determining rental values in the small city of Serchhip. It is quantitative-based research relying on various statistical analyses.

Keywords

Hierarchical Regression, Weighted Least Squares Regression, Heteroskedasticity, Adjusted R-Square, Rental Value