Houston’s Housing Affordability An Action Plan for 2023 and Beyond
Since the 2015 publication of the initial white paper titled “Maintaining Houston’s Affordability for Working Class Families”, which took a comprehensive look at the state of the housing market of one of the most affordable of America’s largest cities. Prior to the 2008 financial crisis, Houston was for a long time regarded as a hidden gem for housing stock and affordability and the region was recognized consistently in national and international rankings of best places to live. In contrast to the economic malaise that hung above most of the United States, the improvement in horizontal drilling/fracking technology in the country led to a major boom in the oil and gas sector, a significant driver of Houston’s economy.