Op-Ed, by Gov. Greg Abbott — Runaway regulations by cities are already hitting your wallet and threaten to turn the Texas dream into a California nightmare.
Today’s reality is that more Texans are working than ever before. With our strong economy, overall lower costs of living and high quality of life, Texas remains the best place to raise a family, build a business and create greater opportunity for all.
But that promise is in peril.
While we rightly rail against overreach by the federal government — like the previous administration’s attempt to take away rights from Texas landowners by regulating ponds and ditches on private land — local municipalities are increasingly infringing on private property rights and driving up costs for homeowners, renters and job-creating businesses alike.
The cost of home ownership has increased rapidly as Texas home prices are at record highs, which is driven in part by demand but also by successive layers of regulations, land-use restrictions, impact fees and general micromanagement by permitting authorities. This hyper-regulation adds costs and prices more families out of the home-buying market. The National Association of Homebuilders estimates that regulations imposed by government at all levels account for almost 25 percent of the final price of the average new single-family home.