No matter how successful an economy is, however, there are always going to be those who struggle. Because of the investment required, that struggle is often first apparent in the housing market, where costs regularly consume upward of 30 percent of a household’s income. Texas has some of the most inexpensive real estate in the country, but, even here, the cost of adequate housing can threaten to overwhelm residents trying to get ahead, especially in cities that deviate from the Texas Model. The periodic difficulty that Texans face with respect to securing an affordable home begs the question of whether the cost of housing in Texas—particularly in urban centers—can be reduced on a widespread basis.
HOME II, It’s Not Just a Phase
Recently, the U.S. Census Bureau released their report of the 15 largest cities in America and three Texas cities occupy spots in the top 10. Houston (#4), San Antonio (#7), and Dallas (#9) all made the list, but the Texas capital lost its position as number 10 to Jacksonville, Florida. With the traffic on I-35...