From 2000 to 2022, the median annual household income in the U.S. increased by 77.6%, from $41,990 to $74,580, while the median home price nearly tripled—a 170% increase—from $123,086 to
I’m not sure if even that much is true. The data shows the proportion of buyers with mortgages exceeding 30% of income is greater in Texas than the national average.
Texas politicians need to get over the hurdle of “NIMBY” with the voters. They need to somehow circumvent the voter or get sneaky with legislation that relaxes zoning laws statewide.
So houses here are less un-affordable than the rest of the country.
…in the middle of nowhere.
I’m not sure if even that much is true. The data shows the proportion of buyers with mortgages exceeding 30% of income is greater in Texas than the national average.
Texas politicians need to get over the hurdle of “NIMBY” with the voters. They need to somehow circumvent the voter or get sneaky with legislation that relaxes zoning laws statewide.