Texas Senate Bill SR714

Texas 2017 - 85th Regular

Caption

Recognizing May 3, 2017, as Asian Real Estate Association of America Day.

Impact

Recognizing May 3 as Asian Real Estate Association of America Day serves to elevate the cultural and economic significance of the Asian American community in Texas. The resolution reinforces the association's mission to break down barriers to home ownership, which is critical for fostering economic growth and inclusivity within the state. By showcasing the work of local real estate professionals, the bill aims to enhance opportunities for collaboration and development in the housing sector.

Summary

Senate Resolution No. 714, recognized on May 3, 2017, acknowledges the contributions of the Asian Real Estate Association of America (AREAA) and its local chapters in Texas, including those in Houston, Austin, and Dallas/Fort Worth. This resolution is a testament to the association's history since its founding in 2003 and its role in advocating for sustainable home ownership and investment opportunities within the Asian American community. It highlights the importance of the association's extensive network of professionals dedicated to serving these communities and promoting their interests in the real estate market.

Contention

While the resolution is largely celebratory and uncontroversial, it may face contention from those who argue that targeted recognition may divert attention from the broader housing issues affecting all communities in the state. Nevertheless, the resolution seeks to honor and support the specific needs of the Asian American population in the context of real estate and housing, which advocates believe to be an essential step toward creating a more equitable housing market in Texas.