Affordability
Back in 2018, Dallas enabled Accessory Dwelling Units (ADUs), also known as Granny Flats – essentially a second unit on the same lot as a single family home (but not a duplex, heavens no, not that!). At the time, I thought it was a great step to undo 80 years where such units were banned…
Last column, I wrote about how single-family home construction is finally getting back on track after the deficit of building during and post-Recession. But it still hasn’t built enough of the right product to drop prices. Now let’s look at multifamily construction, a place designed for younger buyers not ready for pastoral lives in the…
Why are single-family homes in Dallas so expensive? In a word: Scarcity. It’s getting better, says Jon Anderson, but not quickly.
One of life’s joys is the “I told you so,” because it is so often precluded by a period of scorn and disbelief. Last week I had a bumper crop, but let’s talk about Amazon’s HQ2. You remember that? The corporate welfare pageant where municipalities fell over themselves, checkbooks flailing in the breeze, trying to…
From staff reports The good news? A person with a high school diploma could (in theory) afford to buy a home in North Texas. The bad news? It will probably take seven years (at least) to save the down payment. A new Zillow research report matched median mortgage payments in the country’s 50 largest metro…
