Housing Affordability and Protections Against Fraudulent Deeds

Summary

The report discusses the housing affordability challenge in Texas, the impact of institutional buyers on housing prices and rent, and the issue of deed fraud. The committee heard from experts and victims of deed fraud and made recommendations to improve the collection and analysis of data on institutional investment, increase the housing stock of affordable homes, and protect potential victims from deed fraud. The report also recommends establishing a statewide Property Fraud Alert System, assisting victims of real property theft, and clarifying Texas Government Code §51.903 to make it more useful for victims.

Details

Subject

Housing Affordability and Protections Against Fraudulent Deeds

Summary

The report discusses the housing affordability challenge in Texas, the impact of institutional buyers on housing prices and rent, and the issue of deed fraud. The committee heard from experts and victims of deed fraud and made recommendations to improve the collection and analysis of data on institutional investment, increase the housing stock of affordable homes, and protect potential victims from deed fraud. The report also recommends establishing a statewide Property Fraud Alert System, assisting victims of real property theft, and clarifying Texas Government Code §51.903 to make it more useful for victims.

Report Date

2025-01-17

Report Type

interim

Report Title

Interim Report to the 89th Texas Legislature

Authoring Body

House Committee on Business and Industry

Reporting Period

2024-2025