It's easy to think your vote doesn't matter, but that couldn't be further from the truth. Voting in your local elections is one of the most important things you can do to have a voice in your community. And, believe it or not, it does make a difference, especially when it comes to real estate. If you are considering a purchase or a sale, this year's local elections can affect your plans.
Here are three reasons why voting in your local elections matters for home buyers, home sellers, and homeowners alike:
1) Local elections impact zoning laws and regulations that can either help or hinder real estate activity. Local elections can have a big impact on real estate activity. Zoning laws and regulations are set at the local level, so who gets elected to your local offices can make a big difference. If a pro-development candidate is elected, they may loosen up zoning laws and regulations, making it easier for developers to build new projects. On the other hand, if an anti-development candidate is elected, they may tighten up zoning laws and regulations, making it harder for developers to build new projects.
2) Local officials make decisions about infrastructure projects that can impact neighborhoods and property values. Local officials have a lot of power when it comes to making decisions about infrastructure projects. These projects can have a big impact on neighborhoods and property values. That's why it's important to pay attention to local elections and make sure you vote for the candidates who you think will make the best decisions for your community. You should also pay attention to real estate trends in your area. If you see that a particular project is going to have a positive impact on property values, it might be worth investing in that area. But if you think a project is going to have a negative impact, you might want to sell your property before the project gets underway. Paying attention to these things can help you protect your investment and make sure your community stays strong.
3) Local politics can have a big impact on schools. Local elections can affect the outcome of school board races, and the decisions made by school boards can impact school funding. Local real estate values also play a role in school funding. Property taxes are the primary source of revenue for many school districts, and when property values decline, school districts may have to make cuts to their budgets. In addition, state governments often provide funding for schools based on the number of students enrolled. If a school district has a high number of students from low-income families, it may be eligible for more state funding. As a result, local politics can have a direct impact on the level of funding that schools receive.
So, what can you do to make sure your vote counts? Make sure you’re registered and know where your polling place is. Vote in every election, from local all the way up to national races. Get involved in your community—volunteer, attend town hall meetings, and read up on the issues that are important to you. Most importantly, talk to your friends and family about voting and getting involved. The more people who participate in the democratic process, the stronger our democracy will be. And if you want help finding your dream home or need advice on how to sell yours, please don’t hesitate to contact me! I would be happy to chat with you about it.
DANIEL MAURER
630-776-0297
dmaurer@bhhschicago.com
If you are looking for some advice on a real estate transaction, my door is always open