Geospatial Disparities: A Case Study on Real Estate Prices in Paris
Agathe Fernandes Machado, Fran\c{c}ois Hu, Philipp Ratz, Ewen Gallic,, Arthur Charpentier

TL;DR
This paper investigates biases in geospatial predictive models, especially in real estate pricing, proposing a toolkit to identify and mitigate disparities caused by spatial data aggregation, with a case study on Paris.
Contribution
It introduces a novel fairness toolkit for geospatial data, extending classical fairness definitions to ordinal regression with spatial attributes, and applies it to real estate data in Paris.
Findings
Biases increase with finer spatial granularity.
Mitigation strategies can reduce disparities in predictions.
Aggregation level impacts fairness and calibration measures.
Abstract
Driven by an increasing prevalence of trackers, ever more IoT sensors, and the declining cost of computing power, geospatial information has come to play a pivotal role in contemporary predictive models. While enhancing prognostic performance, geospatial data also has the potential to perpetuate many historical socio-economic patterns, raising concerns about a resurgence of biases and exclusionary practices, with their disproportionate impacts on society. Addressing this, our paper emphasizes the crucial need to identify and rectify such biases and calibration errors in predictive models, particularly as algorithms become more intricate and less interpretable. The increasing granularity of geospatial information further introduces ethical concerns, as choosing different geographical scales may exacerbate disparities akin to redlining and exclusionary zoning. To address these issues, we…
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Taxonomy
TopicsHousing Market and Economics
