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Is Texas’s Affordable Housing Endangered?

• vorpalhex 6y ago
  Or what if pricing is a supply/demand signal and it's rising to demand outstripping supply? Like there are TONS of houses being built in Texas, but they aren't being built in what were trendy areas - instead they are being built in suburban areas.
  • chomp 6y ago
    In Houston, we have no zoning. We do have parking lot minimums, but it doesn't seem to matter to developers - there's nonstop construction on mid-rises. Rents are low, but not THAT low (800-1000 depending on what you want). Even with this frenzied pace of construction, there's still demand. The suburbs are mostly in the 200s. As long as we keep up the constant construction, I don't think affordable housing will be going anywhere. But it's a 2 sided equation - developers need to keep up too, and like you suggested, maybe they aren't.