This letter expresses the Foundation’s concerns regarding one-time measures included in numerous “fiscal matters” bills and encourages the Texas House of Representatives to continue focusing on reductions rather than revenue enhancements.
Exploring The Texas Housing Market: Conditions, Constraints and Capacity for Development
Texas’s housing market is challenged by supply-side constraints, rooted in restrictive zoning, large-lot mandates, escalating regulatory fees, and runaway property taxation. Key Points: Texas’s housing affordability crisis is supply-driven: a 306,000-home shortfall, falling permits, and a $321,000 median price reflect regulatory barriers blocking construction needed to meet population growth. Government regulation accounts for 23.8% of...