Ridesharing solves a transportation service coordination problem by efficiently matching passengers and drivers at the point of demand; burdensome local regulations, however, have eroded efficiency gains and provided little – if any – benefit to public safety. Additionally, local regulations differ from place to place, hindering the development of a deeper, more competitive market. The Texas Legislature should prohibit any municipal ridesharing or taxi regulations except those related to public safety concerning drivers.
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...