The Homevoter Hypothesis: How Home Values Influence Local Government Taxation, School Finance, And Landuse Policies,New

The Homevoter Hypothesis: How Home Values Influence Local Government Taxation, School Finance, And Landuse Policies,New

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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 Homeowners Principal Assethis Homewill 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.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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