In its recent Kelo decision, the Supreme Court essentiallyrewrote the Public Use Clause of the U.S. Constitution. The Texas Legislature responded and took a step in the right direction, but more must be done to adequately protect Texans’ property rights.
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...