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 controlsMeasure AMeasure BMeasure CMeasure DMeasure E

Constant3.800*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 size0.447*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)

-squared0.6790.7270.7280.8010.8410.720
Standard error of estimate0.2400.2220.2220.1890.1690.226
Metropolitan areas in sample177177177177177177