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It isn’t any coincidence that Texas is one of the few places in the US that has experienced large population growth without a corresponding affordability crisis
by ummonk 7y ago
It isn’t any coincidence that Texas is one of the few places in the US that has experienced large population growth without a corresponding affordability crisis.
- generalpass 7y agoMake it as hard to build a new residential unit in Texas as it is in California and that trend falls through the floor.
- ummonk 7y agoThey won't because they don't want to keep their property taxes affordable.
- generalpass 7y ago> They won't because they don't want to keep their property taxes affordable. The tax rate has nothing to do with building houses.
- ummonk 7y agoSure it does. High uncapped taxes strongly incentivize property-owners to support new housing development. Low property taxes, capped to rise slower than inflation (e.g. prop 13), do the opposite. (I meant to say they do want to keep their taxes affordable)
- generalpass 7y ago> Sure it does. High uncapped taxes strongly incentivize property-owners to support new housing development. Low property taxes, capped to rise slower than inflation (e.g. prop 13), do the opposite. > (I meant to say they do want to keep their taxes affordable) That has absolutely nothing to do with CEQA.