Being below the national median is great for a large, growing metro.
Check every other large, economically booming metro area and see what their housing prices are in comparison. I know the last time I checked, Dallas was substantially more expensive, and that city seems like the most obvious comparison to make.
Even without traditional zoning, housing supply is somewhat land constrained, since building further up gets more and more expensive as you go higher. It still helps to be able to build higher, but it's not a panacea that will solve all housing cost problems.
Check every other large, economically booming metro area and see what their housing prices are in comparison. I know the last time I checked, Dallas was substantially more expensive, and that city seems like the most obvious comparison to make.
Even without traditional zoning, housing supply is somewhat land constrained, since building further up gets more and more expensive as you go higher. It still helps to be able to build higher, but it's not a panacea that will solve all housing cost problems.