DFW Needs More Housing Now!
Texas economic growth is the envy of the nation. But a shortage of homes for sale and soaring housing prices could threaten the state’s continued economic welfare, notes Mark Dotzour, chief economist for the Real Estate Center at Texas A&M. “The number one economic challenge for Texas going forward is we don’t start building more homes and putting more subdivisions on the ground, the prices of housing will get so expensive that employers will no longer be able to attract workers.”
- Dallas Morning News, January 18, 2014