"If you are inside the Texas Triangle and complaining about the state of single-family homebuilding, you are not seeing the opportunity correctly. The Texas Triangle today looks a lot like Southern California in scale and Hg weight. But Texas is growing faster, is less constrained by land and regulation, and is more affordable for firms and households. In 2004, the Texas Triangle encompassed five of the 20 largest U.S. cities and accounted for more than 70% of Texans, with a population of 13.8 million."
"Southern California's core counties (Los Angeles, Orange, San Diego, Riverside, and San Bernardino) grew from roughly 1011 million people in 1960 to around 1618 million by 1990, implying growth of roughly 5070% over 30 years, depending on the exact county bundle. On a percentage basis, DFW's modern era has outpaced SoCal's 19601990 boom, and DFW is now adding people and housing faster relative to its size than today's coastal California metros."
The Texas Triangle has grown from about 13.8 million in 2004 to nearly 23 million by 2025, reflecting rapid statewide expansion. Dallas/Fort Worth has exceeded Southern California's 1960–1990 growth on both relative and absolute measures, driven by lower land costs, pro-growth policy, and business in-migration. DFW more than doubled from about 3.9 million in 1990 to over 8 million in the mid-2020s, with significant growth concentrated in suburban and exurban collar counties. That expansion is largely greenfield single-family and industrial development, supported by greater affordability and fewer land and regulatory constraints.
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