Testing Estimates of Housing Cost Differences among US Metropolitan Areas

Table 8

Predicting the proxy with housing cost measures alone, recent movers.

	Measure A	Measure B	Measure C	Measure D	Measure E	Measure F
Large sample
Constant	5.624^*	5.598^*	5.601^*	5.753^*	5.711^*
	(0.111)	(0.101)	(0.077)	(0.076)	(0.125)
Housing cost measure	−0.550^*	−0.524^*	−0.527^*	−0.679^*	−0.642^*
	(0.107)	(0.096)	(0.071)	(0.072)	(0.122)
-squared	0.130	0.144	0.237	0.340	0.139
SEE	0.389	0.386	0.365	0.339	0.389
Metropolitan areas	177	177	177	177	177
ACCRA sample
Constant	5.493^*	5.702^*	5.857^*	5.929^*	5.874^*	5.666^*
	(0.215)	(0.201)	(0.192)	(0.133)	(0.275)	(0.203)
Housing cost measure	−0.408	−0.643^*	−0.845^*	−0.893^*	−0.822^*	−0.556^*
	(0.227)	(0.216)	(0.214)	(0.141)	(0.295)	(0.201)
-squared	0.036	0.094	0.155	0.320	0.084	0.083
SEE	0.381	0.370	0.357	0.321	0.372	0.372
Metropolitan areas	87	87	87	87	87	87