Texas’ economic advantages are substantial but not as clear cut as they used to be
A recent Dallas Morning News analysis found that homes in the Dallas-Fort Worth, Austin, San Antonio and Houston metro areas are less affordable relative to incomes than in Chicago and are approaching New York’s high costs.Texas’ economic growth can be boiled down to affordability in housing, low taxes and free-market policies that enticed workers and corporations to make Texas home.
Unfortunately, the state’s affordability advantages, especially in housing, are eroding at an alarming rate. If ever a trend needed a special session or a serious listening tour, this is it.of the National Association of Realtors and U.S. Census Bureau data found that homes in the Dallas-Fort Worth, Austin, San Antonio and Houston metro areas are less affordable relative to incomes than in Chicago and are approaching New York’s high costs.
Texas’ economic advantages are substantial but not as clear-cut as they used to be and require serious policy commitments to keep our laudable successes from compromising our future.. Dallas Morning News editorials are written by the paper's Editorial Board and serve as the voice and view of the paper. The board considers a broad range of topics and is overseen by the Editorial Page Editor.
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