Research Article
Testing Estimates of Housing Cost Differences among US Metropolitan Areas
Table 6
Predicting the proxy with controls and housing cost Measure A to Measure E, recent movers in large sample.
| | Just controls | Measure A | Measure B | Measure C | Measure D | Measure E |
| Constant | 3.800* | 3.910* | 3.806* | 3.544* | 4.003* | 4.017* | (0.296) | (0.275) | (0.274) | (0.235) | (0.210) | (0.284) | Housing cost measure | | −0.783* | −0.796* | −0.812* | −1.118* | −0.804* | | (0.144) | (0.145) | (0.080) | (0.085) | (0.179) | Average household income ($1,000s) | 0.011* | 0.024* | 0.026* | 0.027* | 0.031* | 0.023* | (0.002) | (0.003) | (0.003) | (0.002) | (0.002) | (0.003) | Average household size | 0.447* | 0.410* | 0.410* | 0.495* | 0.294* | 0.393* | (0.109) | (0.101) | (0.101) | (0.086) | (0.078) | (0.104) | Proportion of population black | −0.316 | −0.638* | −0.649* | −0.696* | −0.504* | −0.395* | (0.197) | (0.192) | (0.192) | (0.160) | (0.140) | (0.189) | Proportion of population Asian | −4.288* | −3.136* | −2.842* | −1.253* | −1.368* | −3.448* | (0.493) | (0.503) | (0.525) | (0.489) | (0.413) | (0.498) | Proportion of population Hispanic | −1.833* | −1.725* | −1.633* | −1.706* | −1.215* | −1.703* | (0.257) | (0.239) | (0.241) | (0.204) | (0.188) | (0.245) | Proportion of population immigrated in the last 10 years | −2.200* | −1.723* | −1.803* | −2.178* | −0.690 | −1.401* | (0.716) | (0.669) | (0.665) | (0.565) | (0.518) | (0.701) |
| -squared | 0.679 | 0.727 | 0.728 | 0.801 | 0.841 | 0.720 | Standard error of estimate | 0.240 | 0.222 | 0.222 | 0.189 | 0.169 | 0.226 | Metropolitan areas in sample | 177 | 177 | 177 | 177 | 177 | 177 |
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