Policymakers who think they can determine the proper price of a good better than the market will create no less a disaster than the captain of an ocean liner who believes his engines will allow him to pay no heed to momentum.
Economy
Austin’s Simple Fix for Soaring Housing Costs
After years of watching home prices skyrocket out of reach for first responders, nurses, and young families, in December 2023, Austin city council voted to rewrite its zoning code. The first phase of its HOME Initiative—known as HOME-1—effectively allowed up to three homes on most lots that previously could host only one. A year later,...
December 9, 2025