Current local government permitting is a lengthy, burdensome, and complex process that infringes upon private property rights and violates the foundation and ideals that Texas was built upon. Overall, government regulations can comprise as much as 25% of a unit’sfinal sales price—partly because local governments often changepermitting and development rules midway through construction projects.
Cities’ Favorite Affordable Housing Tool Doesn’t Build Housing. It Blocks It.
Across the country, many cities have settled on the same fix for housing shortages: order developers to include affordable units in every new project, or charge a fee if they don’t. Boston does it. So does San Francisco, Chicago, and Denver. The pitch is that affordability comes free, paid for by the market-rate units next...