Table 3.

HPM for properties and crime rates for selected towns in Johannesburg

Town/ModelVariableEstimatet-Valuep-ValueAdj. R2
Johannesburg (Obs. = 28,626)
Model 1Intercept12.2489*** (0.0211)580.810.000
lnProperty size0.2843** (0.0037)76.040.000
0.168
Model 2Intercept14.2273*** (0.5377)26.460.000
lnProperty size0.2883*** (0.0037)78.630.000
lnRobbery0.4677*** (0.0384)12.190.000
lnBurglary−0.6154*** (0.0426)−14.450.000
0.2001
Model 3Intercept10.7229*** (0.5381)19.9290.000
lnProperty size0.2843** (0.0037)76.0620.000
lnTotalRes crime0.1067* (0.0376)2.8380.0045
0.1682
Randburg (Obs. = 21,362)
Model 1Intercept12.4030*** (0.0181)683.980.000
lnProperty size0.2582*** (0.0034)75.83000
0.2121
Model 2Intercept16.8168*** (0.2911)57.770.000
lnProperty size0.2693*** (0.0033)81.290.000
lnRobbery0.3716*** (0.0264)14.050.000
lnBurglary−0.8506*** (0.0267)−31.840.000
0.2603
Model 3Intercept15.7078*** (0.2979)52.730.000
lnProperty size0.2585*** (0.0034)76.130.000
lnTotalRes crime−0.2320*** (0.0209)−11.120.000
0.2166
Roodeport (Obs. = 24,924)
Model 1Intercept11.8716*** (0.0136)875.10.000
lnProperty size0.3244*** (0.0026)125.20.000
0.3859
Model 2Intercept16.2447*** (0.2991)54.3040.000
lnProperty size0.3265*** (0.0025)128.1920.000
lnRobbery0.1382*** (0.0225)6.1420.000
lnBurglary−0.6290*** (0.0248)−25.3960.000
0.4086
Model 3Intercept14.6346*** (0.2992)48.9160.000
lnProperty size0.3236*** (0.0026)125.0030.000
lnTotalRes crime−0.1847*** (0.0199)−9.2450.000
0.388
Note(s):

Number of bedroom and bathrooms are excluded because there was not enough variability in them to fit the model. ***, *** and *indicate 1, 5 and 10% significance levels, respectively. S.E. are in parenthesis. TotalRes crime is the sum of robbery and burglary at residential premises

Source(s): Authors’ own creation

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