John Bonura, a Policy Analyst at the Texas Public Policy Foundation (TPPF), has raised concerns about the rising cost of housing in Texas. In an October 8 blog post, he attributed this increase to factors such as property taxes, tax rate adoption, excessive debt, and certificates of obligation.

"It has become increasingly apparent that the cost of housing is rising at an alarming rate," said Bonura, according to Texas Public Policy Foundation. "Young Texans cannot become homeowners, and current homeowners are burdened by massive property tax bills that come from aggressive tax rate adoption, excessive debt, and the abuse of nonvoter-approved debt instruments like certificates of obligation. While this might be acceptable in California, it is unacceptable in Texas."

"Young Texans cannot become homeowners, and current homeowners are burdened by massive property tax bills that come from aggressive tax rate adoption, excessive debt, and the abuse of nonvoter-approved debt instruments like certificates of obligation," Bonura said.

According to a report by Texas Comptroller Glenn Hegar titled "Housing Affordability Challenge," various factors contribute to the housing affordability crisis across the United States. The report examines how Texas compares to other states. "Texans continue to suffer from elevated prices and high interest rates that put significant upward pressures on the costs of borrowing and home ownership," Hegar said. He added that despite Texas's reputation for a low cost of living, the state is experiencing declining housing affordability due to increasing population and demand for housing.

Bonura is affiliated with TPPF's Taxpayer Protection Project. Before joining TPPF, he worked within the university system as a Graduate Assistant and later taught Principles of American Government. He holds a Master of Arts in Political Science from Texas State University and a Bachelor of Arts in Political Science from Sam Houston State University.