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.
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...