"According to CoreLogic, the median house price in Los Angeles is $456,000. This compares with a median price of $187,000 in Houston. There is a similar story for other cities across the state. I won’t even mention house prices in San Francisco. Higher housing costs are a predictable result of restricting supply; it is far more difficult to arrange a new development in San Francisco, Oakland, Los Angeles or other California population centers than in Texas. Builders will have to meet environmental restrictions and density limits in many areas. The Census Bureau reports that between 1980 and 2010 the number of housing units in Texas increased by 81.9 percent, compared with just 41.3 percent in California."
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Original Language: English
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Sources
Dean Baker, "Tall tales about Texas" (13 June 2014), Al-Jazeera America
https://en.wikiquote.org/wiki/Los_Angeles
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Los Angeles
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