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Table 8 Postal code dummies on housing and labour market variables

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

Variables (1) (2) (3) (4) (5)
q10 q25 q50 q75 q90
Rate of return on housing 2010 0.005 0.044 0.078 0.098** 0.102*
Rate of return on housing 2009 0.150** 0.185*** 0.174*** 0.153*** 0.123***
Change in unemployment rate 2010 \(-\)0.278*** \(-\)0.234*** \(-\)0.179*** \(-\)0.143** \(-\)0.085
Constant 1.680** 2.095*** 2.124*** 2.034*** 1.784***
Observations 1093 1093 1093 1093 1093
Adjusted R\(^2\) 0.009 0.012 0.014 0.013 0.007
  1. Housing and labour market variables are available at the province level
  2. Postal code dummies estimated in Table 5
  3. *** p \(<\) 0.01, ** p \(<\) 0.05, * p \(<\) 0.1