Policymakers should be concerned about the size and growth of local government debt in Texas – a contributing factor is that voters do not have enough information provided to them at the ballot box to make an informed decision about new debt issuances. Voters should be provided with basic fiscal facts at the ballot box to better understand how their decisions will affect their community.
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...