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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 LandUse Policies Author:William A. Fischel 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 env... more »ironmental amenities. The book thereby makes a strong case for decentralization of the fiscal and regulatory functions of government.« less