Post by the Scribe on Nov 30, 2021 6:17:27 GMT
A new reason to move: politics
www.yahoo.com/finance/news/a-new-reason-to-move-politics-194504193.html
Rick Newman·Senior Columnist
Mon, November 29, 2021, 12:45 PM
Blue states will get bluer, and red redder, in coming years, as more Americans factor political issues into their relocation decisions and head for places with like-minded tribes.
That’s the forecast from real-estate brokerage Redfin, which included “more migration for political reasons” in its outlook for the housing market in 2022. The deepening political polarization of the country includes new city- and statewide laws likely to attract adherents and repel detractors, driving political issues deeper into community life. Texas this year passed the nation’s strictest anti-abortion law, for instance. A Mississippi anti-abortion law could lead the Supreme Court to overturn the 1973 Roe v. Wade decision that made abortion legal everywhere. If the Supreme Court overturns Roe, states will once again be free to set their own abortion statutes, creating a drastic dividing line between permissive and restrictive states.
www.redfin.com/news/housing-market-predictions-2022/
www.nytimes.com/2021/09/01/health/texas-abortion-law-facts.html
www.nbcnews.com/politics/supreme-court/supreme-court-take-mississippi-challenge-roe-v-wade-n1284919
Another Supreme Court case, involving gun rights, could make it easier to carry concealed weapons in New York and 7 other states, eroding gun-control efforts propagated largely by Democratic governors and mayors. On the other hand, marijuana is now legal in 19 mostly blue and purple states. Cities such as Philadelphia, San Francisco and New York are experimenting with police reform meant to cut down on lower-level arrests. Public-school curricula is a new flash point between parents who want racial and social justice taught in schools, and traditionalists who feel threatened by “wokeness.”
www.usnews.com/news/best-states/articles/where-is-marijuana-legal-a-guide-to-marijuana-legalization
A U.S. Supreme Court police officer walks past its building as rulings are expected in Washington, U.S. November 22, 2021. REUTERS/Jonathan Ernst
The Covid pandemic led to sharp disparities in masking rules, school opening policies and business restrictions among states and cities. That’s on top of longstanding differences in regulation and taxation between traditionally Democratic and Republican states. While there’s nothing new about regional differences in governing styles, policy polarization is making it easier for Americans to live in areas they find ideologically compatible. It’s also getting harder for liberals to find a comfortable enclave in conservative states, and vice versa.
www.usatoday.com/storytelling/coronavirus-reopening-america-map/
[Click here to get Rick Newman’s stories by email.]
authory.com/RickNewman
Moving patterns reflect politics
Americans seem increasingly likely to sort themselves into ideological groups by geography. “We know people are leaving blue counties and moving to red counties,” says Daryl Fairweather, chief economist at Redfin. “I think this will start to happen at the state level and at the neighborhood level. After next year’s midterm elections, we’ll be able to see if neighborhoods become more polarized.”
Up till now, the migration from blue states to red states has largely been driven by affordability. Blue states along the coasts typically have higher living costs and taxation levels than, say southern red states such as Texas and Florida. More and more, however, moving patterns reflect overt political choices.
An October Redfin survey of people who recently moved, for instance, found that 40% said they would prefer or insist on living in a place where abortion is fully legal. The portion taking the opposite view—saying they would prefer or refuse to live in an area where abortion is fully legal—was 32%. It’s not unusual for survey respondents to express strong opinions on abortion, but it may be new for people to factor such views into moving decisions. If the Supreme Court overturns Roe and more states ban or severely restrict abortion, it could become a bigger factor in relocation.
www.redfin.com/news/homebuyer-willingness-to-relocate-survey-politics/
HOUSTON, TEXAS - AUGUST 12: A newly sold home is shown on August 12, 2021 in Houston, Texas. Home prices have climbed during the pandemic as low interest rates and working from home has become more abundant. Home prices around the country continue to surge in the second quarter as strong demand continues to overwhelm the supply of homes for sale. Nationwide, the median single-family existing-home sales price increased by 22.9% in the second quarter. (Photo by Brandon Bell/Getty Images)
The Redfin survey of movers also gauged attitudes toward other touchy political topics. Larger percentages favored living in areas with liberal policies such as strong voter protections, gender anti-discrimination laws and legal weed. But 23% said they don’t want to live in places with strong anti-discrimination laws, 22% don’t want to live in a state with legal weed, and 16% don’t want to live where there are strong voter protections.
Americans consider many factors when deciding where to live, and some of those factors have political overtones. Many parents base home-buying decisions on the quality of schools, which drives up home prices in the best school districts and creates de facto segregation. The white-flight phenomenon has a similar effect, with whites who can afford to leaving urban areas for places where they consider quality of life better.
www.theatlantic.com/business/archive/2015/07/white-flight-alive-and-well/399980/
But those types of location decisions are based more on family-first attitudes than the liberal-conservative divide that’s taking root now. Americans choose a political tribe when they vote, donate money to political causes and decide which cable-news station to watch. Perhaps it’s only natural that Americans want to live among their political comrades, as well. Like much of America, real-estate listings are trending toward liberal or conservative.
Rick Newman is the author of four books, including "Rebounders: How Winners Pivot from Setback to Success.” Follow him on Twitter: @rickjnewman. You can also send confidential tips.
www.amazon.com/Rebounders-Winners-Pivot-Setback-Success-ebook/dp/B005WBBXTE/ref=sr_1_4?
rnewman@yahoofinance.com
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Get the latest financial and business news from Yahoo Finance
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www.yahoo.com/finance/news/a-new-reason-to-move-politics-194504193.html
Rick Newman·Senior Columnist
Mon, November 29, 2021, 12:45 PM
Blue states will get bluer, and red redder, in coming years, as more Americans factor political issues into their relocation decisions and head for places with like-minded tribes.
That’s the forecast from real-estate brokerage Redfin, which included “more migration for political reasons” in its outlook for the housing market in 2022. The deepening political polarization of the country includes new city- and statewide laws likely to attract adherents and repel detractors, driving political issues deeper into community life. Texas this year passed the nation’s strictest anti-abortion law, for instance. A Mississippi anti-abortion law could lead the Supreme Court to overturn the 1973 Roe v. Wade decision that made abortion legal everywhere. If the Supreme Court overturns Roe, states will once again be free to set their own abortion statutes, creating a drastic dividing line between permissive and restrictive states.
www.redfin.com/news/housing-market-predictions-2022/
www.nytimes.com/2021/09/01/health/texas-abortion-law-facts.html
www.nbcnews.com/politics/supreme-court/supreme-court-take-mississippi-challenge-roe-v-wade-n1284919
Another Supreme Court case, involving gun rights, could make it easier to carry concealed weapons in New York and 7 other states, eroding gun-control efforts propagated largely by Democratic governors and mayors. On the other hand, marijuana is now legal in 19 mostly blue and purple states. Cities such as Philadelphia, San Francisco and New York are experimenting with police reform meant to cut down on lower-level arrests. Public-school curricula is a new flash point between parents who want racial and social justice taught in schools, and traditionalists who feel threatened by “wokeness.”
www.usnews.com/news/best-states/articles/where-is-marijuana-legal-a-guide-to-marijuana-legalization
A U.S. Supreme Court police officer walks past its building as rulings are expected in Washington, U.S. November 22, 2021. REUTERS/Jonathan Ernst
The Covid pandemic led to sharp disparities in masking rules, school opening policies and business restrictions among states and cities. That’s on top of longstanding differences in regulation and taxation between traditionally Democratic and Republican states. While there’s nothing new about regional differences in governing styles, policy polarization is making it easier for Americans to live in areas they find ideologically compatible. It’s also getting harder for liberals to find a comfortable enclave in conservative states, and vice versa.
www.usatoday.com/storytelling/coronavirus-reopening-america-map/
[Click here to get Rick Newman’s stories by email.]
authory.com/RickNewman
Moving patterns reflect politics
Americans seem increasingly likely to sort themselves into ideological groups by geography. “We know people are leaving blue counties and moving to red counties,” says Daryl Fairweather, chief economist at Redfin. “I think this will start to happen at the state level and at the neighborhood level. After next year’s midterm elections, we’ll be able to see if neighborhoods become more polarized.”
Up till now, the migration from blue states to red states has largely been driven by affordability. Blue states along the coasts typically have higher living costs and taxation levels than, say southern red states such as Texas and Florida. More and more, however, moving patterns reflect overt political choices.
An October Redfin survey of people who recently moved, for instance, found that 40% said they would prefer or insist on living in a place where abortion is fully legal. The portion taking the opposite view—saying they would prefer or refuse to live in an area where abortion is fully legal—was 32%. It’s not unusual for survey respondents to express strong opinions on abortion, but it may be new for people to factor such views into moving decisions. If the Supreme Court overturns Roe and more states ban or severely restrict abortion, it could become a bigger factor in relocation.
www.redfin.com/news/homebuyer-willingness-to-relocate-survey-politics/
HOUSTON, TEXAS - AUGUST 12: A newly sold home is shown on August 12, 2021 in Houston, Texas. Home prices have climbed during the pandemic as low interest rates and working from home has become more abundant. Home prices around the country continue to surge in the second quarter as strong demand continues to overwhelm the supply of homes for sale. Nationwide, the median single-family existing-home sales price increased by 22.9% in the second quarter. (Photo by Brandon Bell/Getty Images)
The Redfin survey of movers also gauged attitudes toward other touchy political topics. Larger percentages favored living in areas with liberal policies such as strong voter protections, gender anti-discrimination laws and legal weed. But 23% said they don’t want to live in places with strong anti-discrimination laws, 22% don’t want to live in a state with legal weed, and 16% don’t want to live where there are strong voter protections.
Americans consider many factors when deciding where to live, and some of those factors have political overtones. Many parents base home-buying decisions on the quality of schools, which drives up home prices in the best school districts and creates de facto segregation. The white-flight phenomenon has a similar effect, with whites who can afford to leaving urban areas for places where they consider quality of life better.
www.theatlantic.com/business/archive/2015/07/white-flight-alive-and-well/399980/
But those types of location decisions are based more on family-first attitudes than the liberal-conservative divide that’s taking root now. Americans choose a political tribe when they vote, donate money to political causes and decide which cable-news station to watch. Perhaps it’s only natural that Americans want to live among their political comrades, as well. Like much of America, real-estate listings are trending toward liberal or conservative.
Rick Newman is the author of four books, including "Rebounders: How Winners Pivot from Setback to Success.” Follow him on Twitter: @rickjnewman. You can also send confidential tips.
www.amazon.com/Rebounders-Winners-Pivot-Setback-Success-ebook/dp/B005WBBXTE/ref=sr_1_4?
rnewman@yahoofinance.com
Read more:
Maybe Christmas shortages are a gift
www.yahoo.com/finance/news/maybe-christmas-shortages-are-a-gift-183844084.html
4 surprises Biden never saw coming
www.yahoo.com/finance/news/4-surprises-biden-never-saw-coming-172038382.html
Americans are too grumpy
www.yahoo.com/finance/news/americans-are-too-grumpy-131916541.html
Climate carnage is inevitable
www.yahoo.com/finance/news/climate-carnage-is-inevitable-162834353.html
Get ready for Grinchonomics
www.yahoo.com/finance/news/get-ready-for-grinchonomics-194214285.html
Get the latest financial and business news from Yahoo Finance
finance.yahoo.com/news/