[PDF.30sb] The Homevoter Hypothesis: How Home Values Influence Local Government Taxation, School Finance, and Land-Use Policies

The Homevoter Hypothesis: How Home Values Influence Local Government Taxation, School Finance, and Land-Use Policies

[PDF.cj85] The Homevoter Hypothesis: How Home Values Influence Local Government Taxation, School Finance, and Land-Use Policies

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 | #1367797 in Books |  Harvard University Press |  2005-02-15 |  2005-01-18 | Original language:English | PDF # 1 |  9.00 x1.00 x5.75l,1.13 | File type: PDF | 344 pages

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||2 of 2 people found the following review helpful.| not flawless but provocative|By Michael Lewyn|The “homevoter hypothesis” of this book is that local governments make land use decisions based on the views of the typical homeowner. Because a house is a large and illiquid investment, a “homevoter” (Fischel's word for a home-owning voter) often focuses not on maximizing property values, but on reducing th| |Although other commentators have bemoaned voter apathy and the lack of civic engagement, Fischel shows how democracy thrives at the local level. As the ‘homevoter’ looks at all the factors that affect property values―good schools, effective manag

Just as investors want the companies they hold equity in to do well, homeowners have a financial interest in the success of their communities. If neighborhood schools are good, if property taxes and crime rates are low, then the value of the homeowner’s principal asset―his home―will rise. Thus, as William Fischel shows, homeowners become watchful citizens of local government, not merely to improve their quality of life, but also to counteract the risk to the...

You can specify the type of files you want, for your device.The Homevoter Hypothesis: How Home Values Influence Local Government Taxation, School Finance, and Land-Use Policies   |  William A. Fischel. A good, fresh read, highly recommended.

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