National Association of Realtors® Calls for Restricting Voting Rights to Property Owners Only

April 1, 2009

Exhausted by lobbying for old and new homeowner subsidies for the past 16 months, and citing the downward spiral in home prices, the National Association of Realtors® on Tuesday announced that its members want the right to vote in U.S. elections restricted to property owners, “as our Founding Fathers had envisioned.”

Realtors® Spokesperson Dewey Cheatem said that homeownership is so vital to the American dream that it makes sense to allow only those who are truly living the American dream to participate in the democratic process, which is another American dream he noted.

Cheatem said that renters just don’t care about the state of the housing market, and he derided Obama’s new idea to limit the mortgage interest deduction for high-income people. “If only homeowners were voting, Obama would never make such a blunder.”

While the prospects on Capitol Hill for limiting the vote to homeowners may seem like a long shot right now, Georgia Senator Johnny Isakson, a Realtor® himself, is convinced that a compromise could be reached in committee. “We may not get to one-homeowner-one-vote and one-renter-no-vote,” Isakson said. “But we may be able to work out an agreement that restores property ownership to its rightful place. I have a proposal to double-count the votes of homeowners and triple-count the votes of homeowners who can prove they used a REALTOR®, a member of the National Association of Realtors®.”

The National Association of Home Builders eagerly endorsed Isakson’s idea and said in a statement, “Anything that can bring back the reasonable prices we saw three years ago is a step in the right direction.”

When asked about the proposal, an Obama official was confused by the Realtors’® reasoning and asked, “Don’t renters get to claim the mortgage interest deduction and the property tax deduction? I did on my return last year, and I’m a renter.”

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