All taxes are not created equal. Some, such as the income tax, discourage productivity; others, such as the property tax, depress investment; and still others, such as the sales tax, target consumption.
Local Government
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...
October 28, 2026