Texas also required larger down payment ratios than other states - negative-amortization loans, low and no-doc loans, 5% down loans, none of that shit was allowed to fester pre-2008.
Oh, and it’s great here in San Antonio. We have 25,000 people moving in every year*, it’s a young population, demand is high, sales are high, construction is ongoing. As economic growth is a function (largely) of population growth, the future looks bright for the San Antonio-Austin corridor.
*estimates are 1.2 million new people by 2040.
I haven’t done all that yet. Thought I’d see what others more knowledgeable thought. I keep going back and forth on the topic.