The link between homeownership and political involvement, Fischel argues, explains several puzzles, such as why displacement of local taxation by state funds reduces school quality and why local governments are more efficient providers of environmental amenities. He calls for decentralization of the fiscal and regulatory functions of government.
Read More
The link between homeownership and political involvement, Fischel argues, explains several puzzles, such as why displacement of local taxation by state funds reduces school quality and why local governments are more efficient providers of environmental amenities. He calls for decentralization of the fiscal and regulatory functions of government.
Read Less
