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re: Houston - rent or buy

Posted on 6/6/14 at 10:23 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37857 posts
Posted on 6/6/14 at 10:23 am to
quote:

There will be some schools begin to turn. Lamar HS being one. But most properties being built(townhomes) are not conducive to raising kids really. THe people buying them are empty nesters and young professionals(and alot of them are putting kids off until their mid 30s-if they decide to have kids).


I think this is it. A lot of people moving into those areas are not the ones that have kids, or will have kids. When it's time to have kids, they will want to move where they can get a yard and let the kids play in it.

This also explains why Katy, The Woodlands, etc is booming as well, but it's a different type of boom. You don't have the big price increases out there, because there is so much land. However, you do have large population increases.
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 6/6/14 at 10:34 am to
Exxon campus is a more organic market increase. I tell everyone that Exxon is bringing 15k well paying jobs to the spring/woodlands area, not factory workers.
This post was edited on 6/6/14 at 10:36 am
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