Despite the pandemic, Austin, Dallas and Houston all built more housing last year. It still wasn't enough.
Here at the Kinder Institute, we do a lot of research on housing—especially in Houston but also in some of the other big Texas metro areas. And all of our research says that Texas is gradually losing its affordability advantage: Home prices are rising faster than incomes, making housing less affordable each year. This is obviously true in Austin, where home prices are skyrocketing, but it’s also true in Houston and Dallas-Fort Worth as well.
