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Table 7 Importance of the location of the house

From: Measuring expectations from household surveys: new results on subjective probabilities of future house prices

  (1) (2)
  On q50 On q75–q25
% Of explained variation due to postal code dummies 96.6 94.7
% Of postal code variation explained:   
   By municipality dummies 63.7 75.4
   By province dummies 29.2 29.3
  1. The reference for these calculations are Table 5 (column 3) in the case of the first column and Table 6 (column 1) in the case of column 2