Table 1. Preference factors from the analysis of the survey data (Fernandez et al. 2005), with percent of variance explained by each. Numbers in parentheses indicate the loading of strongly related variables, i.e., those loading 0.5 or higher, on each factor. All variables not loading greater than 0.5 on any one variable are listed under "other factors." All variables used in the analysis are listed once.
| | | |
Factor
|
Factor Label
|
Variance Explained
|
Strongly Related Preference Variables
|
| |
1
|
Social Comfort
|
16.1 %
|
familiar with area (0.81) close to family and friends (0.75) people
similar to you (0.60)
|
2
|
Openness/Naturalness
|
12.6 %
|
openness and spaciousness (0.85) close to natural areas (0.85) lots
of recreational opportunities (0.50)
|
3
|
Residential Aesthetics
|
12.8 %
|
attractive appearance of neighborhood (0.75) appearance and layout of
the dwelling (0.73)
|
4
|
Schools and Work
|
11.0 %
|
close to work (0.74) good schools (0.56)
|
Other factors
|
|
|
housing costs and good value convenient to shopping and
schools community size
|
| | |
|