- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Houston - rent or buy
Posted on 6/5/14 at 11:10 pm to lsubandmom
Posted on 6/5/14 at 11:10 pm to lsubandmom
Where does the kid work? People want to live in the Loop if they work in the Loop, because the drive in from the suburbs is damn near inhumane.
Absent another major national recession... I would not worry too much about a collapse in prices. They could trend downward at some point. But they are not making any new land inside the loop. As long as they continue to build new office towers downtown, and as long as the TMC continues to grow... prices will be there.
I will say that Houston has really diversified their econony since the oil bust. And if they keep having 100K people move there each year... they can't build fast enough to keep up the demand.
Absent another major national recession... I would not worry too much about a collapse in prices. They could trend downward at some point. But they are not making any new land inside the loop. As long as they continue to build new office towers downtown, and as long as the TMC continues to grow... prices will be there.
I will say that Houston has really diversified their econony since the oil bust. And if they keep having 100K people move there each year... they can't build fast enough to keep up the demand.
3
Posted on 6/6/14 at 8:07 am to LSUFanHouston
quote:
because the drive in from the suburbs is damn near inhumane.
Kingwood to Galleria checking in
Posted on 6/6/14 at 8:21 am to LSUFanHouston
quote:
I will say that Houston has really diversified their econony since the oil bust
There are other industries but they are dependent on the wealth that O&G brings in. Houston is obviously more of a hub for design and planning so there is a bit more security to coast over any sudden market moves. But if O&G long term demand forecast starts to wane, this place will be a ghost town (being a bit over dramatic).
Posted on 6/6/14 at 2:55 pm to LSUFanHouston
quote:
I will say that Houston has really diversified their econony since the oil bust. And if they keep having 100K people move there each year... they can't build fast enough to keep up the demand
This. Those that throw around words like "bubble" and "bust" are taking an overly simplistic look at the situation.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News