Without swift and significant intervention, the Texas' ongoing affordability crisis could spiral out of control, state Comptroller Glen Hegar has warned. In a recent report, Hegar detailed the challenges Texas is facing, including rapidly escalating home prices, a severe shortage of available housing, and the increasingly tough road for low- and middle-income families striving to find affordable places to live.
Texas has long been celebrated for its vast spaces and relatively affordable housing compared to other states, but those days are dwindling as the state's housing market is struggling under the weight of explosive population growth and a slow pace of home construction.
