Data on housing prices in 36 US metropolitan statistical areas (MSAs) over 9 years from 1986-1994 were collected.
data(hprice)
A data frame with 324 observations on the following 8 variables.
narsp
natural log average sale price in thousands of dollars
ypc
average per capita income
perypc
percentage growth in per capita income
regtest
Regulatory environment index (high values = more regulations)
rcdum
Rent control - a factor with levels 0
=no 1
=yes
ajwtr
Adjacent to a coastline - a factor with levels 0
=no 1
=yes
msa
indicator for the MSA
time
Year 1=1986 to 9=1994