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Red State vs. Blue State: Does It Actually Impact Home Price Growth? (ALL Data from Today’s Video):
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Red states vs. blue states. Put political views aside—which states have seen better home price appreciation over the past twenty years? Blue (majority Democrat) state investors say that stricter zoning laws lead to fewer housing units, which means home price appreciation as demand remains steady. Red (majority Republican) state investors argue owning rentals in “landlord-friendly” areas leads to better investments. Is there truth to either side of the argument?
Austin analyzed the past twenty years of housing market data to see if there was any correlation between a state’s political leaning and its home prices. We even look at rent control and its unintended effect on rental supply. Is that a good thing for blue state investors?
What do you think about this data set? Are you convinced one group of states is better to invest in than the other? Let us know in the comments below (keep it civil, please)!