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The Homevoter Hypothesis

The Homevoter Hypothesis PDF Author: William A. Fischel
Publisher: Harvard University Press
ISBN: 9780674036901
Category : Law
Languages : en
Pages : 362

Book Description
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 their largest asset, a risk that cannot be diversified. Meanwhile, their vigilance promotes a municipal governance that provides services more efficiently than do the state or national government. Fischel has coined the portmanteau word “homevoter” to crystallize the connection between homeownership and political involvement. The link neatly explains several vexing puzzles, such as why displacement of local taxation by state funds reduces school quality and why local governments are more likely to be efficient providers of environmental amenities. The Homevoter Hypothesis thereby makes a strong case for decentralization of the fiscal and regulatory functions of government.

The Homevoter Hypothesis

The Homevoter Hypothesis PDF Author: William A. Fischel
Publisher: Harvard University Press
ISBN: 9780674036901
Category : Law
Languages : en
Pages : 362

Book Description
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 their largest asset, a risk that cannot be diversified. Meanwhile, their vigilance promotes a municipal governance that provides services more efficiently than do the state or national government. Fischel has coined the portmanteau word “homevoter” to crystallize the connection between homeownership and political involvement. The link neatly explains several vexing puzzles, such as why displacement of local taxation by state funds reduces school quality and why local governments are more likely to be efficient providers of environmental amenities. The Homevoter Hypothesis thereby makes a strong case for decentralization of the fiscal and regulatory functions of government.

Environmental Regulations and Housing Costs

Environmental Regulations and Housing Costs PDF Author: Arthur C. Nelson
Publisher: Island Press
ISBN: 1610910680
Category : Architecture
Languages : en
Pages : 289

Book Description
Many communities across the nation still lack affordable housing. And many officials continue to claim that “affordable housing” is an oxymoron. Building inexpensively is impossible, they say, because there are too many regulations. Required environmental impact statements and habitat protection laws, they contend, drive up the costs of construction. But is this actually true? In a comprehensive study of the question, the authors of this eye-opening book separate fact from myth. With admirable clarity, they describe the policy debate from its beginning, review the economic theory, trace the evolution of development regulation, and summarize the major research on the topic. In addition, they offer their own research, accompanied by a case study of two strikingly different Washington, D.C., suburbs. They also include results of focus groups conducted in Dallas, Denver, and Tucson. The authors find that environmental regulatory costs—as a share of total costs and processes—are about the same now as they were thirty years ago, even though there are far more regulations today. They find, too, that environmental regulations may actually create benefits that could improve the value of housing. Although they conclude that regulations do not appear to drive up housing costs more now than in the past, they do offer recommendations of ways in which the processes associated with regulations—including review procedures—could be improved and could result in cost savings. Intended primarily for professionals who are involved in, or impacted by, regulations—from public officials, planners, and engineers to housing developers and community activists—this book will provide useful insights and data to anyone who wants to know if (and how) American housing can actually be made “affordable.”

Cost of Government Regulations to the Consumer

Cost of Government Regulations to the Consumer PDF Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee for Consumers
Publisher:
ISBN:
Category : Government paperwork
Languages : en
Pages : 464

Book Description


Housing Costs and Inflation

Housing Costs and Inflation PDF Author: United States. Congress. Senate. Committee on the Budget
Publisher:
ISBN:
Category : Construction industry
Languages : en
Pages : 196

Book Description


Income Averaging

Income Averaging PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Income averaging
Languages : en
Pages : 8

Book Description


Permanent Supportive Housing

Permanent Supportive Housing PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309477042
Category : Social Science
Languages : en
Pages : 227

Book Description
Chronic homelessness is a highly complex social problem of national importance. The problem has elicited a variety of societal and public policy responses over the years, concomitant with fluctuations in the economy and changes in the demographics of and attitudes toward poor and disenfranchised citizens. In recent decades, federal agencies, nonprofit organizations, and the philanthropic community have worked hard to develop and implement programs to solve the challenges of homelessness, and progress has been made. However, much more remains to be done. Importantly, the results of various efforts, and especially the efforts to reduce homelessness among veterans in recent years, have shown that the problem of homelessness can be successfully addressed. Although a number of programs have been developed to meet the needs of persons experiencing homelessness, this report focuses on one particular type of intervention: permanent supportive housing (PSH). Permanent Supportive Housing focuses on the impact of PSH on health care outcomes and its cost-effectiveness. The report also addresses policy and program barriers that affect the ability to bring the PSH and other housing models to scale to address housing and health care needs.

Market Urbanism

Market Urbanism PDF Author: Scott Beyer
Publisher:
ISBN:
Category :
Languages : en
Pages : 194

Book Description
Market Urbanism is a theory calling for free-market solutions to urban problems. Rooted in classical liberalism, it posits that cities work best through the bottom-up, private sector activity of many individuals, not top-down government plans. In this nifty guide, Scott Beyer describes how these free-market ideas can apply to housing, transport and public administration. The book's goal is to portray a vision where cities are better-run, more affordable, and easier to get around in under a Market Urbanist model.

The Cost of Government Regulation

The Cost of Government Regulation PDF Author: United States. Congress. Joint Economic Committee. Subcommittee on Economic Growth and Stabilization
Publisher:
ISBN:
Category : Delegated legislation
Languages : en
Pages : 104

Book Description


Zoning Rules!

Zoning Rules! PDF Author: William A. Fischel
Publisher:
ISBN: 9781558442887
Category : Electronic books
Languages : en
Pages : 416

Book Description
"Zoning has for a century enabled cities to chart their own course. It is a useful and popular institution, enabling homeowners to protect their main investment and provide safe neighborhoods. As home values have soared in recent years, however, this protection has accelerated to the degree that new housing development has become unreasonably difficult and costly. The widespread Not In My Backyard (NIMBY) syndrome is driven by voters’ excessive concern about their home values and creates barriers to growth that reach beyond individual communities. The barriers contribute to suburban sprawl, entrench income and racial segregation, retard regional immigration to the most productive cities, add to national wealth inequality, and slow the growth of the American economy. Some state, federal, and judicial interventions to control local zoning have done more harm than good. More effective approaches would moderate voters’ demand for local-land use regulation—by, for example, curtailing federal tax subsidies to owner-occupied housing"--Publisher's description.

Economic Aspects of Federal Regulation on the Transportation Industry

Economic Aspects of Federal Regulation on the Transportation Industry PDF Author: United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures, Government Organization, and Regulation
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 524

Book Description