Texans understand that hurricanes are an inevitable hazard along the Gulf Coast. However, subsidizing that risk has left Texas taxpayers on the hook for billions of dollars and the state as a whole unprepared for the next big one.
Bringing Down the House (Price)
A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...