Residential Preferences Study
This study reports on estimates of residential preferences in the Mountain West region of the US. The estimates are derived from a choice experiment funded by the Utah Department of Transportation and Utah Transit Authority – an experiment based on large samples of both homeowners and renters who participated in a larger, statewide transportation study. The choice experiment and transportation study provides a rich set of household- and individual-specific demographic controls, enabling us to identify a host of factors contributing to heterogeneity in residential preferences. We leverage a percentage-change housing-cost attribute included in the experiment to obtain measures of marginal willingness to pay (MWTP) for the various residential attributes and attribute levels in our study. Our method to convert the percentage-change cost attribute to MWTP values denominated in dollars results in theoretically plausible estimates of a household’s MWTP. We find that residential preferences differ across homeowners and renters primarily with respect to intensity rather than direction. Our quantitative estimates of these preferences provide urban and regional planners with precise monetary measures of the underlying attitudes of a sizable majority of the region’s residents regarding ideal housing and neighborhood characteristics.
All files are in .csv format. The dataset itself is the ResChoiceData.csv file. The associated codebook is the Codebook.csv file.
Utah Agricultural Experiment Station
Utah State University
Utah Agricultural Experiment Station, UTAO-1334
Data is secondary, compiled in comma-separated values (CSV) format. The original data source is the Utah Department of Transportation’s (UDOT’s) 2012 Utah Travel Study. The data was provided to us by the Resource Systems Group, Inc., Salt Lake City, Utah.
Arthur J Caplan, Kristopher Toll and Sherzod B Akhundjanov. "Measuring Household Preferences for Location-Based Housing Attributes v9.pdf" (2020) Available at: http://works.bepress.com/arthur_caplan/134/
Arthur J. Caplan, Kristopher Toll and Sherzod B Akhundjanov. "Measuring Household Preferences for Location-Based Housing Attributes (Appendices)" (2020) Available at: http://works.bepress.com/arthur_caplan/135/
See Codebook.csv file
Missing data is denoted by a blank space.
This work is licensed under a Creative Commons Attribution 4.0 License.
Kaplan, A., & Toff, K. (2020). Residential Preferences Study. Utah State University. https://doi.org/10.26078/8M95-T167
FilesREADME.txt (3 kB)
ResChoiceData.csv (42809 kB)
Codebook.csv (26 kB)