The overcriminalization of occupational licensing is limiting job growth and competition while unfairly excluding some Texans from the workforce. Texas regulates too many occupations, applies excessive criminal penalties to violations of licensing rules, and too often prevents otherwise qualified individuals from obtaining licenses because of a minor and sometimes decades-old conviction. This testimony offers solutions that can put more Texans to work and, by increasing competition, bring greater choice and value to consumers.
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...