A recent report from Harvard University's Joint Center for Housing Studies shows that more Texas homeowners and renters are facing high housing costs. Home prices and rents in Texas are still elevated compared to pre-COVID-19 levels, leading to an all-time high in the number of residents struggling to afford housing. Nearly a quarter of the state’s 6.9 million homeowner households spend too much on housing. High interest rates and home prices have discouraged homeowners from giving up their low interest rates, fueling the country’s shortage of available housing. A potential home buyer would need to make at least six figures to purchase a home in major urban areas where the state's job opportunities are concentrated. For example, a family needs to make more than $100,000 to buy a typical home in the Houston and Dallas-Fort Worth regions. The Harvard report found that it's only a matter of time before rents surge again. Builders have pulled back on new projects amid high borrowing co...