According to the United States and Texas constitutions, eminent domain can only be used for a public use. Reflecting these constitutional provisions, SB 18 prohibits taking of private property unless the taking is for a public use.
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...