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Homeowners are, disproportionately, voters. Politicians set the policy that determines supply and demand of housing. I strongly believe these things are causa
by nmca 8y ago
Homeowners are, disproportionately, voters.
Politicians set the policy that determines supply and demand of housing.
I strongly believe these things are causally linked, but do not know how to empirically test it.
- stevenwoo 8y agoI think it's more those with more money can influence lawmakers to make rules more hospitable for making more money. That would explain something like this happening for a long time, that would not be explained by a high percentage of home owners being voters (when it's one big company that owns a lot of homes): https://www.theatlantic.com/business/archive/2018/04/rent-to-own-redlining/557588/ https://www.theatlantic.com/business/archive/2018/04/rent-to...