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Housing prices are affected by a range of political activity, including tax limits like Proposition 13 in California and zoning laws.

Nowhere is this more apparent as in the anti-development activism that is done under the aegis of the environment. And the result has been apparent in housing affordability. The correlation between high immigration states coupled with liberal political power and housing prices is evident. Those of the left like to blame developers as the cause of growth but developers build for the market and it is population growth mostly the result of immigration that drives the demand. If the population is stable then we only need to build new houses to replace those whose useful life is over or for those who want something better. And since those new ones built out of preference for something better would leave another house on the market increasing the supply relative to a stable demand.

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