Primitives Ponder Real Estate Values

[landofconfusion80]

http://www.democraticunderground.com/10025725555

xchrom (106,913 posts)





Houses Are More Expensive In Democratic Cities Than In Republican Cities
 

 


   
 http://www.businessinsider.com/trulia-political-cities-vs-house-prices-2014-10

It turns out that houses in blue cities are more expensive than houses in red cities.

Trulia chief economist Jed Kolko compared vote margins from the 2012 presidential election to Trulia's estimates of the median asking price per square foot in each of the hundred largest US metropolitan areas. The following chart plots this comparison, with red dots indicating metro areas where Mitt Romney won, light blue dots indicating areas where Barack Obama won by fewer than 20 percentage points, and dark blue dots showing areas where Obama won by more than 20 points:

 

While each of the three groups include cities on the lower end of the house price spectrum, nearly all of the Romney-voting metro areas had median prices lower than $200/square foot, while some of the most Democratic-leaning areas were far more expensive.

Looking at these three groups in aggregate, the median asking price among the heavily Obama-favoring metro areas was nearly twice as high as in the Republican metros:

 Read more: http://www.businessinsider.com/trulia-political-cities-vs-house-prices-2014-10#ixzz3HR9MQAx6

Read more: http://www.businessinsider.com/trulia-political-cities-vs-house-prices-2014-10#ixzz3HR9Ae0ZL

I wonder how much the average primitive hovel is actually worth? might be an interesting study.  Is one refrigerator box worth more than another? location location location!

bmac19gg (72 posts)

2. inescapable truth
 
Income inequality has worsened under President Obama, and home prices could be a consequence. This is also troubling, from the link:

"But because blue markets are less affordable, have lower homeownership, and have greater income inequality, political leaders in Democratic-leaning and Republican-leaning metros may push for different policies."

Somebody could take a look at that and say "Democrats talk about equality but don't practice it at home". 

<knock knock> Skinner's pizza delivery service!!

geek tragedy (41,500 posts)

6. Democrats live in cities and blue states
 




are generally more desireable locations especially for social liberals.

Very few liberals live in small town Kansas by choice.

Yep, that's got to be it!

Sparhawk60 (110 posts)

7. Homes in Blue Cities
 
Or to change the headline......."homes in blue citlies are worth more".....I wonder why? mmmmm, maybe liberal values adds to the quality of life.

 

[Carl]

How dense do you have to be to understand that everything in a leftist hell costs more due to the tax burdens and associated assessments.

[BlueStateSaint]

How dense do you have to be to understand that everything in a leftist hell costs more due to the tax burdens and associated assessments.

Apparently, heat-treated-depleted-uranium dense.

[JohnnyReb]

6,000 houses in Detroit up for bids and the highest bid yet is $3 million for all 6,000 houses.....ain't Detroit blue?

http://www.businessweek.com/articles/2014-10-24/buying-derelict-detroit-mystery-bidder-wants-6-000-foreclosed-homes

[USA4ME]

Several of the big Dem urban areas, like SF and Boston, practice what is a form of economic red-lining where they make sure the price of living there is so high that it keeps out certain elements (... AHEM..... Blacks, Latinos, etc...) that the lily white liberals don't want in their neighborhood. Jews generally have money so they can't keep them out in the same manner, they just make it where they aren't included in the activities of the more affluent. They acquired the name "limousine liberals" in the late 60's.

Much to the chagrin of the primitives, they also have great influence over the Dem party.

.

[BlueStateSaint]

6,000 houses in Detroit up for bids and the highest bid yet is $3 million for all 6,000 houses.....ain't Detroit blue?

http://www.businessweek.com/articles/2014-10-24/buying-derelict-detroit-mystery-bidder-wants-6-000-foreclosed-homes

That's $500 per.  Not a bad deal . . . if it wasn't the far side of the Moon.