306,000 additional homes needed in Texas to alleviate high housing costs due to population growth.
Texas Comptroller Glenn Hegar's office reports a pressing need for 306,000 additional homes to alleviate high housing costs exacerbated by population growth. Insufficient construction has led to soaring property prices and rents, particularly harming first-time buyers and low- to middle-income families. To maintain its affordability advantage, the report suggests relaxing local zoning laws to facilitate increased homebuilding.
September 02, 2024
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