Austin’s short-term rental ordinance is not only bad public policy, but it also violates the Texas Constitution in a whole host of ways. Austin’s unconstitutional overreach must be corrected. This lawsuit, Zaatari, et. al. v. City of Austin, et. al., raises seven separate constitutional concerns with Austin’s STR ordinance.
Bringing Down the House (Price)
A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...