Texas' non-renewal law raises the price of homeowners insurance, lessens consumer protection, and inhibits competition. Lawmakers should loosen restrictions to reduce the cost of insurance and redirect the market back towards competition.
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...