Why Texas Wins

14 insights saved from this video by @money

@money· How Money & Economics Work
North Texas runs on cheap land, rapidly built homes, smaller suburban centers, and nearby major cities.
@money· How Money & Economics Work
Houston rejected citywide zoning in 1948 and again in the early 1960s, unlike most major American cities.
@money· How Money & Economics Work
Four homes on one former lot can generate more total revenue than one expensive house while adding housing and density.
@money· How Money & Economics Work
Austin’s tech transformation coincided with stagnant middle-income earners and the departure of low-income residents.
@money· How Money & Economics Work
Texas has ranked first or second among destinations for one-way U-Haul movers every year since 2016.
@money· How Money & Economics Work
The Texas Triangle, Houston, Dallas-Fort Worth, Austin, and San Antonio, contains 70% of Texas’s population and nearly 80% of its GDP.
@money· How Money & Economics Work
Terrabella offers five-bedroom homes under $400,000 roughly 20 miles from downtown Fort Worth.
@money· How Money & Economics Work
Texas relies heavily on property taxes, so falling property values directly weaken municipal tax bases.
@money· How Money & Economics Work
Austin faces back-to-back years of a shrinking tax roll as economic conditions cool.
@money· How Money & Economics Work
Rising Austin costs push growth toward Dripping Springs, Round Rock, and Liberty Hill, where money goes further.
@money· How Money & Economics Work
Fort Worth remains cheaper than Dallas even after COVID-driven popularity pushed its housing costs and rents higher.
@money· How Money & Economics Work
Houston’s suburban growth stays relatively affordable by building into abundant space, letting supply meet demand and keeping the growth machine running.
@money· How Money & Economics Work
Houston’s abundant developable land keeps growing demand from straining housing supply, sustaining low prices and continued construction.
@money· How Money & Economics Work
Dallas attracted major businesses with airports, low operating costs, and rapid homebuilding that sustained a skilled workforce.

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