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Residential Preferences Study, Arthur Caplan, Krisopher Toll Feb 2020

Residential Preferences Study, Arthur Caplan, Krisopher Toll

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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 …