Housing Market
Background
The housing market encompasses the buying, selling, renting, and financing of residential properties. It includes a range of activities from real estate development and property management to government regulations that influence property taxes, zoning laws, and affordability. Housing is often considered both a basic human need and a significant investment asset for many people.
Voters may assess policies based on their overall approach to the housing market, including plans for affordable housing, property tax regulations, rent control measures, initiatives to combat homelessness, or the economic implications of a booming or busting housing market.