According to the Texas Comptroller, Texas is more than 300,000 housing units short of meeting the growth in population the state has been experiencing over the last decade. There are ways for the state government to intervene on behalf of the people to remove overburdensome regulations that have contributed to an artificial scarcity of homes. The purpose of SB 840 is to allow by right mixed-use residential and commercial zoning, which would make converting empty office spaces into housing units much easier. Converting offices into housing has a lower construction impact than new development because the structure and much of the infrastructure (e.g., electricity, plumbing, HVAC) are already in place. This, combined with other measures, would add to the housing supply and aid in bringing prices down to a more affordable range for consumers.
Toward a More Well-Informed Citizenry
The 86th Texas Legislature sought to enhance public debt transparency through the creation of Voter Information Documents (VID). However, this instrument is not accurately providing debt amounts and needs reform. Key points: Governments are manipulating the VID methodology to deny voters accurate tax impact estimates. Many VIDs are dissimilar, making comparative analysis challenging. There is...