Regulation of the insurance marketplace must seek to complement rather than distort the laws of supply and demand. By choosing market-based solutions instead of government price controls, Texas can empower its homeowners and ensure them a viable means of protecting their most valuable investments.
Restoring Private Property Rights: Regulatory Takings
Municipal regulations like zoning ordinances can infringe on private property rights and distort the housing market. Key points: Private property rights are under threat from municipal zoning ordinances and design mandates. Texas law has failed to adequately protect property owners from regulatory takings. By closing the municipal loophole, Texas can be the national leader in...