June 14, 2017

Source: Bigstock

One reason that Malibu beach houses like Geffen’s are so expensive is that Southern California housing development can only grow eastward into the hot desert. While an inland Republican metropolis like Dallas can expand 360 degrees, a Democratic waterfront redoubt like Los Angeles can spread only 180 degrees. Blue-state metropolises like Boston and Chicago generally find their suburban expansion hemmed in by oceans or Great Lakes, so their supply of land is much more limited than inland red-state cities like Phoenix and Atlanta.

But, of course, the bigger reason that merely 0.1 percent of the population of Southern California can afford to live in Malibu is because the One-Tenth of One Percent likes it that way. While they may advocate open borders for their country, they understand the advantages of extreme exclusivity for their quiet beach community.

Professor Sorens continues:

High house prices are the most important component of general cost of living. High cost of living deters in-migration of lower-income households, especially those that do not highly value amenities. Holding median household income constant, higher-cost locations will tend over time to attract and keep households that highly value amenities. It is hypothesized that these households will be more Democratic. Accordingly, raising residential building requirements in high-amenity areas should cause those areas to move gradually to the left.

To put this another way, people who value being able to afford the space needed to raise their families more highly than they value amenities will be less willing to pay inflated housing costs. So they will tend to move out of places like California.

And those whose preferences are on the knife-edge between children or amenities will tend to go with whatever their locale makes more available.

For instance, those couples who stay in California will more likely need both man and woman to work full-time to afford the rent, which makes it harder to raise children. And if you are not having children, is it all that important to marry? And if you aren”€™t married, isn”€™t the GOP’s family-values rhetoric kind of offensive?

Republican candidates do much better with married voters than single voters. In most presidential elections, the marriage gap is bigger than the famed gender gap. A higher likelihood of being married in states with affordable housing appears to be the prime driver by which low home prices get translated into Republican votes.

This means that the country will increasingly tend to divide itself up into family-oriented red states with low housing costs and amenity-oriented blue states with high housing costs. Not surprisingly, the GOP, as the family-values party, does better in states more appealing to family-focused voters.

What about the country as a whole? If the Republican Party wants to thrive in the long run, it needs to adjust supply and demand to make housing more affordable in order to grow more of the kind of married-with-kids white people who vote Republican. How? The most obvious way is by making it easier to build housing and harder to immigrate.

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