re: Houston - rent or buy

I have a house inside the loop and luckily bought it when I did. I can't help but watch all the construction near downtown, midtown,montrose, upper kirby, lower kirby, the village, etc. and wonder who the heck is going to live in these places. It feels over built already.

Is anyone on here knowledgeable about the formula developers use to determine demand for all of these high rent apartments? Clearly there is demand but there has to be 30+ giant complexes going up right now.

Secondly, if all of this low rent housing keeps getting run out or torn down, why would the schools stay bad? I know they will, I am just looking for a logical explanation. I feel set for awhile with my kids zoned to West U so its not a personal question. I have lots of friends moving to the heights and various parts of braeswood so I am curious for some intelligent thought on the subject.