I see this in reverse. The beauty of real estate is that it keeps people honest.
One big problem in housing policy is that incumbent homeowners want prices to go up, and non-incumbents want the opposite. This new paper shows that homeowners will switch their votes to incumbents when home prices rise, and vice-versa.https://t.co/xBzw8NrTJhpic.twitter.com/lNvfMEDt9h