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Testing Estimates of Housing Cost Differences among US Metropolitan Areas

机译：美国大都市地区住房成本差异的检验估计

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This paper investigates the accuracy of six measures of housing cost differences among US metropolitan areas. Using Census data from 177 metropolitan areas, it tests the measures in two ways. First, it tests the ability of changes in the measures to predict changes in the shelter component of the metropolitan CPI from 1990 to 2000. Second, it tests the ability of the measures themselves to predict a proxy in 2000. A measure based on Fair Market Rents calculated by HUD placed second on the first test but did badly on the second. The housing component of the ACCRA index, a living cost measure frequently used by researchers, performed poorly on both tests. The top performer on both tests was a measure based on the average rent per room for a metropolitan area’s dwellings. Researchers wishing to control for living cost differences among places should consider including it in their living cost index.
机译：本文研究了美国大都市地区六种衡量住房成本差异的方法的准确性。它使用来自177个都市区的人口普查数据，以两种方式测试这些措施。首先，它测试了预测1990年至2000年大城市CPI住房组成部分变化的措施的变化能力。其次，它测试了2000年该指标自身预测替代物的能力。基于公平市场的措施HUD计算得出的租金在第一次测试中排名第二，但在第二次测试中表现不佳。 ACCRA指数的住房部分是研究人员经常使用的生活费用衡量标准，在两项测试中均表现不佳。两项测试中表现最好的是根据大都市区房屋平均每间房租金来衡量的指标。希望控制住所之间生活成本差异的研究人员应考虑将其纳入生活成本指数。

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