Political identity and partisanship are salient features of today's society. Using deeds records and voter rolls, we show that current residents are more likely to sell their homes when opposite-party neighbors move in nearby than when unaffiliated or same-party neighbors do. This is especially true when the new neighbors are politically active, consistent with an animosity between parties mechanism. We conclude that affective polarization is not limited to purely political settings and affects one of the household's most important financial decisions, their home transactions.

中文翻译：

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政治极化影响家庭的财务决策：来自房屋销售的证据

政治认同和党派之争是当今社会的显着特征。利用契约记录和选民名册，我们发现，当异党邻居搬入附近时，当前居民比无党派或同党邻居搬入附近时更有可能出售房屋。当新邻国在政治上活跃时尤其如此，这符合政党之间的敌意机制。我们的结论是，情感两极分化不仅限于纯粹的政治环境，而且影响家庭最重要的财务决策之一，即房屋交易。