Surely if every pet issue the sitting president has can meet the definition of an emergency, then the housing crisis could also require bypassing legislative and due process to get rent cap done, no? 

If you are a Cleveland landlord, please reach out to your councilmember on this. or you can support Ohio House bill 118 https://www.legislature.ohio.gov/legislation/136/hb118

In the long term you also have no idea how legislation might affect the insurance industry.

Working with some clients in Auburn right now, specifically for STR investment to take advantage of last year's tax legislation (bonus depreciation). 

Attorney General Andrew Bailey and county legislators called the order a win for homeowners.

Alternative Asset Spotlight: Considerations for private equity–like exposures inside SDIRAs.1) Policy & Regulatory UpdatesRoth Catch-Up Catch-22 and Regulatory TimingWhat changed:Final IRS/ Treasury regulations confirm that, while the SECURE 2.0 mandatory Roth catch-up rules are legislated, the formal compliance deadline for plan sponsors generally applies after 2026 — with administrative transition relief and good-faith reliance permitted through implementation.

What if all tax rates are revised by new legislation?

You may get better and more relevant responses by posting this in a local Texas real estate or Legal & Legislation forum—especially one focused on Texas law.

With due on sale mortgage covenants beginning in 1979, stricter enforcement of “creative” mortgage applications; shakeout in the title industry closing “investor friendly” title companies; and strict consumer fraud legislation 95% if “Nothing Down” is no longer applicable.  

This is my personal opinion but I have seen San Antonio add some barriers to the cohost and abritrage model more (require notarized signatures and approval from owner to get an STR permit) so I wonder what else may come down in future legislation to limit STRs.City enforcement is no joke.