Far be it from me to be political but I had a political thought the other day. During the most recent presidential election, did the housing bubble in an individual state have correlation with which presidential candidate that state casted electoral votes for? It might surprise you to see some of the data on all 50 states, plus DC.I took the time to color code the following charts (All-Transactions House Price Index for each state) - don't worry, the color code wasn't too difficult: red=Republican, blue=Democrat.
Alabama |
Alaska |
Arizona |
Arkansas |
California |
Colorado |
Connecticut |
Delaware |
District of Columbia |
Florida |
Georgia |
Hawaii |
Idaho |
Illinois |
Indiana |
Iowa |
Kansas |
Kentucky |
Louisiana |
Maine |
Maryland |
Massachusetts |
Michigan |
Minnesota |
Mississippi |
Missouri |
Montana |
Nebraska |
Nevada |
New Hampshire |
New Jersey |
New Mexico |
New York |
North Carolina |
North Dakota |
Ohio |
Oklahoma |
Oregon |
Pennsylvania |
Rhode Island |
South Carolina |
South Dakota |
Tennessee |
Texas |
Utah |
Vermont |
Virginia |
Washington |
West Virginia |
Wisconsin |
Wyoming |
"Far be it from me to be political"
ReplyDeleteI knew there was something I liked about you :)
Wow, this had to be an all-nighter. But what do you see? Any correlation between the housing bubble and the election results?
I was only able to gain any correlation when I put the data in a spread sheet and looked at the peak quarter for each state - there was definitely a correlation there (see the second part just below this post). I am still looking into it, trying to see any geographic correlation, which I only see a little.
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