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What's The Future Like For Housing in Texas?

An apartment complex on the southeast side of San Antonio.
Photo credit Joey Palacios/Texas Public Radio
An apartment complex on the southeast side of San Antonio.

From Texas Standard:

Texas Public Radio news director  Shelley Kofler  has spent the past week on the impacts of population growth. TPR staff visited  Fredericksburg and  Bexar County, as well as  middle-income and  historic neighborhoods in San Antonio. She shared with the Standard some of the newsroom conversations she and her staff had that led to the "Growing Pains" series."A lot of this started just with us sharing our personal experiences in the newsroom," Kofler says. "And then we checked it out, and we looked at the data, and we said 'We have some real serious challenges here.'"

 

After looking at the numbers, Kofler and her team discovered disparities in median income growth and the rising cost of housing in San Antonio.

"The median price of a home in San Antonio has gone up 40 percent over 10 years," she says. "Median income is almost flat. So, what someone could afford 10 years ago, they can't afford now."

She notes that while these numbers are for San Antonio specifically, they reflect trends in other Texas cities. Kofler says as the population grows, housing will become even more complicated, and crowded.

"But I think over time, with the income projections for our state, this is going to be a growing challenge," Kofler says. "And it's one we're going to have to address in many ways. How will we, as cities and communities, create the housing stock that's needed for all of our inhabitants?"

Copyright 2020 KUT 90.5. To see more, visit KUT 90.5.

Laura first joined the KUT team in April 2012. She now works for the statewide program Texas Standard as a reporter and producer. Laura came to KUT from the world of television news. She has worn many different hats as an anchor, reporter and producer at TV stations in Austin, Amarillo and Toledo, OH. Laura is a proud graduate of the University of Missouri-Columbia, a triathlete and enjoys travel, film and a good beer. She enjoys spending time with her husband and pets.