Resource information
The analysis and better understanding of the distribution of wealth of individuals in cities can
be a precious tool, especially in support of the estimation of real estate values. These analyses can also
be used to facilitate decision making in various sectors, such as public administration or the real estate
market. In this paper, by making use of publicly available data and of data owned by Cerved, (a credit
scoring company in Italy), we can observe the territorial distribution of the properties of managers and
shareholders – categories of people usually linked to high economic well-being – and, based on that, we
identify the areas of the cities where the value of real estate properties is presumably higher. More
specifically, we introduce the Manager and Shareholder Concentration (MSHC) score and validate its
accuracy and effectiveness in three Italian cities (Turin, Rome and Milan).
