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Blue state, red state, and housing. I told you so.

Back in August I wrote a blog post entitled Blue state/red state and the high cost of housing, where I explained that anti-free market Democratic policies cause higher housing prices. This was merely based on my qualitative observations.

So I was pleasantly surprise to read an article by Steve Sailer where he did a more scientific statistical correlation between the rise of housing prices and a state's vote for Bush in the 2004 election.

According to Steve Sailer's analysis, the growth of housing prices between 1980 and 2004 has a -0.82 correlation with a state's voters' propensity to vote for Bush in the 2004 election. This is a huge correlation, and proves beyond a doubt that Democratic policies promote higher housing prices. (Unless you will try to argue that the cause and effect is the other way around, that high housing prices cause people to vote for Democrats--highly unlikely.)

Free market Republican housing policies, if enacted in blue states, will bring down the cost of housing in those states, making housing more affordable to working class people who are currently priced out of the market.

UPDATE

Steve Sailer responded to my posts and I responded back. Read More on Red/Blue states and housing.

posted Tuesday, December 28, 2004

1 Comments:

By Blogger Michael:

One flaw in the analysis: the assumption that voters who seek exclusionary zoning will always elect Democrats because Republicans favor "free market policies." In the suburban neighborhood I grew up in, Republicans were just as pro-exclusion and anti-growth as Democrats- often more so, since they were more desirious of keeping the lower classes out and less interested in desegregation, diversity, etc.

posted at 12/31/2004 2:06 PM 

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