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Texas has a housing affordability crisis. Here’s how state lawmakers may tackle
https://www.texastribune.org/2025/01/06/texas-legislature-housing-affordability-crisis/
TEXAS TRIBUNE Writes.
A likely fight over how much power to take away from local governments may dominate the debate.
“DALLAS — Buying or renting a home in Texas used to be relatively cheap. Amid the state’s economic boom, its once-celebrated housing affordability has slipped.
Texas renters now spend more on keeping a roof over their heads than ever. As home prices have vastly outpaced incomes, homeownership has become a distant fantasy for many Texas families.
The state’s high housing costs have caught the attention of state officials — who worry that Texas could lose its competitive edge with other states if it doesn’t get a handle on home prices and rents.
Here’s how Texas lawmakers may address housing costs when the Legislature returns to Austin later this month — and how the debate could unfold.”
Read more in the original article below:
texastribune.org
Texas has a housing affordability crisis. Here’s how state lawmakers may tackle it in 2025.
A likely fight over how much power to take away from local governments may dominate the debate.
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