I wonder if a place like Houston would experience pretty dramatic shifts in culture as a result, particularly around the usages of cars and transit. IIRC, there are parking lots everywhere in Houston. A LVT would presumably make putting in denser uses more valuable or drive up the cost of parking. A lot in Downtown would surely bring in more rent as offices/housing/retail than just a surface lot.

But then this applies pressures to those who commute in single occupancy vehicles, reduces the amount of available parking, and generally makes the downtown less desireable for those in the suburbs.

To me, this is what we should be doing -- making driving into city centers for work quite unpalatable relative to transit -- but I wonder if Texas is culturally ready to even consider a change like that.