Which political party is better for home ownership?

If you want to know which political party is better for home ownership, the answer is: It depends on where you live.

Nationwide, homeowners living in Democrat-controlled congressional districts have gained more than twice as much in housing wealth as homeowners living in Republican-controlled districts over the past eight years, according to ATTOM Data Solutions. However, those in Republican districts in Florida fared better than their counterparts in Democrat-controlled districts, while the opposite is true in Orange County.

Nationwide, homeowners living in Democrat-controlled congressional districts have gained more than twice as much in housing wealth as homeowners living in Republican-controlled districts over the past eight years. Nationwide, homeowners living in Democrat-controlled congressional districts have gained… more

Key U.S. highlights include:
Among 2.4 million single family homes bought eight years ago, those in Democrat-controlled districts have gained an average $59,467 in value since purchase — a 21 percent return — compared to a $22,086 return representing a 10 percent ROI for homes in Republican-controlled districts.

Homeowners in Republican-controlled districts are paying lower property taxes — $2,514 on average representing a 1.02 effective tax rate compared to $3,659 representing a 1.07 percent tax rate for homeowners in Democrat-controlled districts. Counter to the national trend, seven of the 11 battleground states in the 2016 presidential election have produced better ROI for homeowners in
Republican-controlled districts.

Here are Florida’s stats:
About 42,190 single-family homes bought eight years ago in congressional districts with a Democratic representative have gained an average of $21,990 in value since purchase, an 8 percent return. In comparison, about 95,813 single-family homes bought eight years ago in congressional districts with a Republican representative saw an average $26,790 return, representing an 11 percent return on investment.

Homeowners in Republican-controlled districts are paying lower property taxes —$2,895 on average for a 1.09 percent effective tax rate compared to $3,937 representing a 1.37 percent tax rate for homeowners in Democrat-controlled districts.

Here are Orange County stats:
Home buyers saw an average $12,682 gain in value, or a 6 percent return, in congressional districts with a Democratic representative, while those who bought a home eight years ago in congressional districts with a Republican representative saw an average $13,317 gain, or a 4 percent return. Homeowners in Democrat-controlled districts are paying lower property taxes — $2,277 on average for a 1.03 percent effective tax rate, compared to $4,691 or a 1.37 percent effective tax rate in Republican-controlled districts. - Susan Lundine, Managing Editor Orlando Business Journal