Most Expensive Housing Markets in US are Liberal: Correlation or Cause?

Here’s an interesting article thanks to Jed Kolko, Chief Economist at Trulia Trends via Washington Post Wonkblog: The most expensive housing markets in the U. S. are also the most liberal.
The relationship between housing affordability and politics in the US is startlingly strong as these charts by Jed Kolko shows.

Median asking price in dollars per square foot is on the vertical axis. Margin for Obama over Romney in the 2012 election is on the horizontal axis.
With the exception of Orange County California, all of the high priced counties voted for Obama.

This post was published at Global Economic Analysis on Tuesday, October 28, 2014.