Burdensome regulation coupled with tax-and-spend policies has led to a housing affordability crisis in Texas.

Key points:

  1. In the last four years, the median housing price in Texas has outpaced the income of Texas families.
  2. Property taxes play a large role in the costs of housing and at a rate of 1.66%, Texas has the 6th highest effective property tax in the nation.
  3. Municipal ordinances regulating housing density lower the housing supply and drive up the price.