Research Article
Testing Estimates of Housing Cost Differences among US Metropolitan Areas
Table 9
Predicting the proxy with housing cost measures alone, recent movers in BLS metropolitan areas.
| | Area price level | Measure A | Measure B | Measure C | Measure D | Measure E |
| Constant | 6.540* | 6.472* | 6.465* | 6.036* | 6.283* | 6.639* | (0.263) | (0.352) | (0.293) | (0.241) | (0.201) | (0.436) | Housing cost measure | −1.583* | −1.550* | −1.543* | −1.114* | −1.361* | −1.717* | (0.251) | (0.345) | (0.285) | (0.231) | (0.193) | (0.429) |
| -squared | 0.633 | 0.468 | 0.560 | 0.503 | 0.684 | 0.410 | Standard error of estimate | 0.298 | 0.359 | 0.327 | 0.347 | 0.277 | 0.378 | Metropolitan areas in sample | 25 | 25 | 25 | 25 | 25 | 25 |
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