Although private property rights are guaranteed by both the U.S. and Texas constitutions, they have been systematically scaled back over time. Since the U.S. Supreme Court’s 2005 Kelo decision, however, Texas has begun the march toward restoring those rights. Here are some next steps for Texas.
A New Hope for Texas Homebuyers
Last week, the Wall Street Journal released an article titled, “Once America’s Hottest Housing Market, Austin Is Running in Reverse.” To the residents of Austin, this is great news—finally, home prices may be coming down. But a dip in home prices is only a drop in the bucket of housing affordability. Housing prices may be...