The Homevoter Hypothesis
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Author | : William A. Fischel |
Publisher | : Harvard University Press |
Total Pages | : 362 |
Release | : 2009-07-01 |
Genre | : Law |
ISBN | : 9780674036901 |
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.
Author | : William A. Fischel |
Publisher | : University of Chicago Press |
Total Pages | : 312 |
Release | : 2009-11-15 |
Genre | : Education |
ISBN | : 0226251314 |
A significant factor for many people deciding where to live is the quality of the local school district, with superior schools creating a price premium for housing. The result is a “race to the top,” as all school districts attempt to improve their performance in order to attract homebuyers. Given the importance of school districts to the daily lives of children and families, it is surprising that their evolution has not received much attention. In this provocative book, William Fischel argues that the historical development of school districts reflects Americans’ desire to make their communities attractive to outsiders. The result has been a standardized, interchangeable system of education not overly demanding for either students or teachers, one that involved parents and local voters in its governance and finance. Innovative in its focus on bottom-up processes generated by individual behaviors rather than top-down decisions by bureaucrats, Making the Grade provides a new perspective on education reform that emphasizes how public schools form the basis for the localized social capital in American towns and cities.
Author | : Lee Anne Fennell |
Publisher | : Yale University Press |
Total Pages | : 311 |
Release | : 2009-09-01 |
Genre | : Law |
ISBN | : 0300155026 |
Lee Anne Fennell explores the relationship between home ownership and neighbourhood, arguing that the desire for active participation in local affairs is directly linked to conern about property values. She looks at how critical issues of neighbourhood control & community composition might be addressed through this link.
Author | : William A. Fischel |
Publisher | : Harvard University Press |
Total Pages | : 446 |
Release | : 1995 |
Genre | : Business & Economics |
ISBN | : 9780674753884 |
State and federal government regulations are disciplined by property-owner coalitions whose "voice" is clearly audible in the statehouses and in Congress.
Author | : Brian J. McCabe |
Publisher | : Oxford University Press |
Total Pages | : 234 |
Release | : 2016-03-18 |
Genre | : Social Science |
ISBN | : 0190270489 |
In the decade following the housing crisis, Americans remain enthusiastic about the prospect of owning a home. Homeownership is a symbol of status attainment in the United States, and for many Americans, buying a home is the most important financial investment they will ever make. We are deeply committed to an ideology of homeownership that presents homeownership as a tool for building stronger communities and crafting better citizens. However, in No Place Like Home, Brian McCabe argues that such beliefs about the public benefits of homeownership are deeply mischaracterized. As owning a home has emerged as the most important way to build wealth in the United States, it has also reshaped the way citizens become involved in their communities. Rather than engaging as public-spirited stewards of civic life, McCabe demonstrates that homeowners often engage in their communities as a way to protect their property values. This involvement contributes to the politics of exclusion, and prevents particular citizens from gaining access to high-opportunity neighborhoods, thereby reinforcing patterns of residential segregation. A thorough analysis of the politics of homeownership, No Place Like Home prompts readers to reconsider the power of homeownership to strengthen citizenship and build better communities.
Author | : William A. Fischel |
Publisher | : |
Total Pages | : 416 |
Release | : 2015 |
Genre | : Electronic books |
ISBN | : 9781558442887 |
"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.
Author | : Robert C. Ellickson |
Publisher | : Aspen Publishing |
Total Pages | : 544 |
Release | : 2023-02-01 |
Genre | : Law |
ISBN | : 1543856160 |
The purchase of this ebook edition does not entitle you to receive access to the Connected eBook on CasebookConnect. You will need to purchase a new print book to get access to the full experience including: lifetime access to the online ebook with highlight, annotation, and search capabilities, plus an outline tool and other helpful resources. Perspectives on Property Law, edited by Robert C. Ellickson, Carol M. Rose, and Henry E. Smith is an interdisciplinary introduction to property law and institutions through edited and annotated readings from classic and contemporary sources. Entering its Fifth Edition, Perspectives on Property Law continues its track record of success. The authors supplement a wide selection of fascinating and essential readings on Property Law with their own commentary. This reader continues an approach tracing back to the landmark first edition—Bruce Ackerman's Economic Foundations of Property Law, published in 1975. Like all previous editions, this edition contains many selections, both classic and more recent, in law and economics. Included selections are also taken from sociology, psychology, history, philosophy, gender studies, game theory, and law and literature. New to the 5th Edition: Richard Brooks’s article on the dangers of racial discrimination from non-enforceable Restrictive Covenants. Yun-chien Chang’s chapter from a global comparative study questioning the basis for Adverse Possession. Thomas W. Merrill’s article on the Economics of Leasing. Henry E. Smith’s article on equity as meta-law and F.H. Lawson’s article on the creative use of legal concepts. Professors and students will benefit from: An assemblage of leading writings on the fundamental issues of Property Law Each selection is accompanied by notes, questions, and commentary designed to deepen student understanding A well-known and respected author team
Author | : R. Michael McGregor |
Publisher | : McGill-Queen's Press - MQUP |
Total Pages | : 212 |
Release | : 2024-03-12 |
Genre | : Political Science |
ISBN | : 0228020263 |
Municipal elections in Canada don’t look much like those held at the federal and provincial levels. A key difference is a significant discrepancy in voter turnout, but relatively little is known about why far fewer people vote in city elections. Voters show less interest in local government, seeing it as less influential than other levels, yet they believe their views matter more to local politicians. Political Engagement in Canadian City Elections explores this apparent contradiction by asking who participates in politics, how they go about it, and why. Drawing from the Canadian Municipal Election Study, a novel survey of electors in eight large cities across the country in 2017 and 2018, contributors consider factors ranging from the universal – such as the demographic profile of voters or how economic conditions affect them – to the specific – for example, participation in school board and council elections. There are more municipal elections than any other kind in Canada. The discoveries in Political Engagement in Canadian City Elections collectively represent a major leap forward in our understanding of voter activity at the community and municipal level.
Author | : Ivar Krumpal |
Publisher | : Springer Nature |
Total Pages | : 296 |
Release | : 2021-09-02 |
Genre | : Social Science |
ISBN | : 365833536X |
The concept of rationality and its significance for theory and empirical research in social science are key topics of scholarly discussion. In the tradition of an analytical as well as empirical approach in social science, this volume assembles novel contributions on methodological foundations and basic assumptions of theories of rational choice. The volume highlights the use of rational choice assumptions for research on fundamental problems in social theory such as the emergence, dynamics, and effects of social norms and the conditions for cooperation and prosociality.
Author | : C.M. Melenovsky |
Publisher | : Routledge |
Total Pages | : 488 |
Release | : 2022-05-03 |
Genre | : Political Science |
ISBN | : 1000572226 |
This handbook advances the interdisciplinary field of Philosophy, Politics, and Economics (PPE) by identifying thirty-five topics of ongoing research. Instead of focusing on historically significant texts, it features experts talking about current debates. Individually, each chapter provides a resource for new research. Together, the chapters provide a thorough introduction to contemporary work in PPE, which makes it an ideal reader for a senior-year course. The handbook is organized into seven parts, each with its own introduction and five chapters: I. Frameworks II. Decision-Making III. Social Structures IV. Markets V. Economic Systems VI. Distributive Justice VII. Democracy The "Frameworks" part discusses common tools and perspectives in PPE, and the "Decision-making" section shows different approaches to the study of choice. From there, parts on "Social Structures," "Markets" and "Economic Systems" each use tools from the three PPE disciplines to study and distinguish parts of society. The next part explains dominant theories and challenges to the paradigm of "Distributive Justice." Finally, a part on "Democracy" offers five challenges to current democratic practice.