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The Homevoter Hypothesis: How Home Values Influence Local Government Taxation...

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Last updated on 03 Jun, 2025 20:39:04 AESTView all revisionsView all revisions

Item specifics

Condition
Like new
A book that looks new but has been read. Cover has no visible wear, and the dust jacket (if applicable) is included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear. See the seller’s listing for full details and description of any imperfections. See all condition definitionsopens in a new window or tab
Seller notes
“In excellent condition, No writing or highlighting, book is crisp and clean. inquire for photos or ...
ISBN
0674006097
ISBN10
0674006097
ISBN13
9780674006096
EAN
9780674006096
MPN
does not apply
Brand
Harvard University Press

About this product

Product Identifiers

Publisher
Harvard University Press
ISBN-10
0674006097
ISBN-13
9780674006096
eBay Product ID (ePID)
1937680

Product Key Features

Book Title
Homevoter Hypothesis : How Home Values Influence Local Government Taxation, School Finance, and Land-Use Policies
Number of Pages
344 Pages
Language
English
Publication Year
2001
Topic
American Government / Local, Environmental, Finance, Real Estate / General, Public Policy / City Planning & Urban Development, Land Use, Taxation / General
Illustrator
Yes
Genre
Law, Political Science, Education, Business & Economics
Author
William A. Fischel
Format
Hardcover

Dimensions

Item Weight
24.4 Oz
Item Length
9.2 in
Item Width
6.1 in

Additional Product Features

Intended Audience
Trade
LCCN
2001-024834
Reviews
Although other commentators have bemoaned voter apathy and the lack of civic engagement, Fischel shows how democracy thrives at the local level. As the "homevoter" looks at all the factors that affect property values--good schools, effective management of traffic, fewer undesirable uses such as landfills and prisons--he or she becomes politically engaged...The Homevoter Hypothesis...[is] an important contribution to the ongoing conversation about how best to manage growth., Fischel...describes "homevoters" as homeowners whose votes determine the character of local government. From their ranks comes the median voter, whose needs are most likely to be met by democratically elected officials...Fiscal efficiency in local government, Fischel argues, requires close correspondence between taxes and the services they fund...Fischel rounds out his brief for local government with examples, anecdotes, and further suggestions for reform. Though best characterized as advocacy economics, the work is well documented and thoroughly researched, encouraging the diligent reader to engage in the debate. Recommended., Although other commentators have bemoaned voter apathy and the lack of civic engagement, Fischel shows how democracy thrives at the local level. As the "homevoter" looks at all the factors that affect property values--good schools, effective management of traffic, fewer undesirable uses such as landfills and prisons--he or she becomes politically engaged... The Homevoter Hypothesis ...[is] an important contribution to the ongoing conversation about how best to manage growth.
TitleLeading
The
Dewey Edition
21
Dewey Decimal
338.973
Table Of Content
Preface 1 An Asset-Market Approach to Local Government 2 Local Government's Corporate Form 3 Capitalization, Zoning, and the Tiebout Hypothesis 4 The Median Voter in Local Government Politics 5 Serrano and the California Tax Revolt 6 The Fruits of School-Finance Centralization 7 The Race to the Top in Environmental Protection 8 "Beggar Thy Neighbor" and Land fill Location 9 How Homevoters Remade Metropolitan Areas 10 Sprawl, Metropolitanism, and Local Control 11 Reforming and Reaffirming Local GovernmentCase References General References Index
Synopsis
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.
LC Classification Number
JS391.F57 2001

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Most relevant reviews

  • This is the second of Fischel’s books I...

    This is the second of Fischel’s books I have purchased. Extremely useful in my work as a Planning & Zoning Board Chair.

    Verified purchase: YesCondition: Pre-ownedSold by: thrift.books