text:  A dismal report on home ownership. A new housing report from Harvard University found that would-be homebuyers need to make more money than ever if they want to buy a home in Texas urban areas. The study also found that home prices and rents remain well above where they stood before the pandemic. The growth in Texas home prices has outpaced income growth, pricing many households out of the market. It's common for buyers to have to make at least six figures to purchase a home in major urban areas.