Big data and the real estate market: Benefits for public administrations and corporations

Abstract

The problem of dealing with enormous databases is undoubtedly the new challenge that the scientific world needs to face to analyze a reality in continuous and fast development. In this paper, we focus the analysis on the Italian real estate phenomenon and how the administrative data are powerful in adding new information to the official statistics. The importance of the analysis we yield in this work is unique and original in its attempt to underline the opportunity that public management and real estate business can afford through a complete and harmonized data warehouse that needs Big Data analytic practice to be yielded. Our work is the first attempt in this sense

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