Lot size reform puts money in pocket of Houston homeowners

Problem, We Have a Houston – Lot Size Reform Equivalent to $18K Gift for Single-Family Homeowners

Lots of good smaller items again this week: Houstonians got a free $18k from minimum lot size reform, METRO 2nd worst for rail crime, The Economist loves Texas, HTX tops std of living, Houston sliding towards zoning? More info below:

“Most of the nation’s major cities face a daunting future as middle-class taxpayers join an exodus to the suburbs, opting to work remotely as they exit downtowns marred by empty offices, vacant retail space and a deteriorating tax base.”

“Firms like to open factories and offices in cities with plenty of skilled workers. When choosing between cities, they typically run an analysis to see how many potential employees live within a reasonable commute of a site. Poor traffic shrinks the radius, and by extension the labor pool, hurting a city’s chances of attracting companies.”

This piece first appeared at Houston Strategies.

Tory Gattis is a Founding Senior Fellow with the Urban Reform Institute and co-authored the original study with noted urbanist Joel Kotkin and others, creating a city philosophy around upward social mobility for all citizens as an alternative to the popular smart growth, new urbanism, and creative class movements. He is also an editor of the Houston Strategies blog.

Photo: Keith Ewing via Flickr, used under CC 2.0 License.