tag:blogger.com,1999:blog-1740670447258719504.post9142369213806745728..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: Federalism mattersEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1740670447258719504.post-71643312645337494592012-10-06T08:45:01.958-04:002012-10-06T08:45:01.958-04:00Right, I think that makes sense too. It would rela...Right, I think that makes sense too. It would relate to foreclosures, presumably, if easier legislation lifted another roadblock towards families getting houses that they can't ultimately afford.Daniel Kuehnhttp://www.factsandotherstubbornthings.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-87849612783141889202012-10-05T16:53:18.971-04:002012-10-05T16:53:18.971-04:00"There's no obvious reason why that would..."There's no obvious reason why that would be the case except for differences in state policy."<br /><br />The alternative explanation is that it depends more on policies during the boom. In places where planning laws where restrictive few new homes would be built during the boom. In places where they are loose many new homes would be built. Then in the bust house prices would fall more than in the places with more restrictive planning laws.<br /><br />It's not clear exactly how that would relate to foreclosures. But it could certainly have an effect.Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.com