Researcher ORCID Identifier


Graduation Year


Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts



Reader 1

Nicholas Kacher

Reader 2

Roberto Pedace

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

2022 Maria D Heeter


This study examines whether the rent-price ratio predicts future rental growth and housing price growth in metropolitan areas using time fixed-effects panel regression models. Analyzing county-level 1- year American Community Survey Census data, this study finds evidence that the rent-price ratio helps predict changes in real house prices over four-year periods, but that the rent-price ratio does not hold predictive power over changes in real rents over the same period. The results add to a body of work that acknowledges the rent-price ratio as a potential predictor of changes in real rents and housing prices, given available price and rental data.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.