No matter how successful an economy is, however, there are always going to be those who struggle. Because of the investment required, that struggle is often first apparent in the housing market, where costs regularly consume upward of 30 percent of a household’s income. Texas has some of the most inexpensive real estate in the country, but, even here, the cost of adequate housing can threaten to overwhelm residents trying to get ahead, especially in cities that deviate from the Texas Model. The periodic difficulty that Texans face with respect to securing an affordable home begs the question of whether the cost of housing in Texas—particularly in urban centers—can be reduced on a widespread basis.
Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 3: How Texas Can Solve Its Winter Reliability Problem
Part 3: How Texas Can Solve Its Winter Reliability Problem Five years after Winter Storm Uri, the ERCOT grid is still not ready for the next major winter storm. The first two installments of this series showed that demand has grown more than 20% since 2021 while firm generation capacity has barely budged, and the...