Affordable Housing
Yesterday morning, the Dallas City Council unanimously approved its first housing policy aimed at addressing affordable housing. It took a while, but we’ve finally put on our big boy pants. You may recall back in January the city rolled out a Market Value Analysis that measured housing across Dallas to map the varying levels of…
It’s official — the likelihood of finding an affordable home for less than $200,000 in Dallas-Fort Worth is slim to none, economists with Metrostudy said last week. “While DFW’s strongest price point during the last cycle, below $200,000, is no longer viable, the “new affordable” price bracket, $200,000 to $300,000 grows,” Paige Shipp, regional director…
One would think that growing up in a poor and broken home would inform your worldview towards empathy later in life. But no, apparently it’s just like parents’ age-old freak-out on sex education that forgets their own terrible first experiences on the topic. It’s almost like hazing theory: “If I had to go through it,…
There may be a lot of apartments being built in Texas, but that’s not necessarily translating to more affordable rents, one economist said at a recent conference on affordable housing held at the Federal Reserve Bank of Dallas. Greg Willett, chief economist at RealPage, told the group assembled that the same affordable housing issues that…
After the housing market bubble burst, what markets recovered the fastest? What does that mean for affordable housing? What policy changes would best impact the need for affordable housing? Experts weighed in at a recent conference on affordable housing in Texas, held at the Federal Reserve Bank of Dallas.
