Social media solving crimes, Houston skyline TV, satellite shale, boom times, and moreThe smaller misc items have been stacking up fast, so here we go:
- Check out this new 2012 satellite map of the Earth at night release by NASA. Note the large crescent of lights below San Antonio and in North Dakota. That's recent oil and gas shale development. They look like giant cities! Really drives home the scale of the shale energy revolution. (you can drill down on those areas by clicking on the picture a couple of times). More detail on those areas here.
- NPR story on how police departments have started using social media like Pinterest to enlist the public in finding suspects or people wanted on warrants. 57% increase in arrests! Houston should be all over this, especially given our rising burglary problem. If you know anybody at HPD, please forward it over.
- Houston #1 economy in America.
- The Economist raves about job creation in Texas.
"The second thing that stands out is Texas. The focus on just the very top of the league table for large metro areas actually understates the performance of the Lone Star State. Looking at all metropolitan areas, 8 of the top 20 and 17 of the top 50 metros, in terms of percentage employment growth, are in Texas."
"In the only major city in the United States without zoning laws, developers can, in theory, build virtually anything, anywhere in the city. In practice, however, understanding and catering to local industries is a critical element in site selection, Mr. Cover says. “When you really get down to it, the city is market-zoned, because land prices are not based on zoning rights, they’re based on purely capitalistic, highest and best use value,” he said. “If you build the wrong product or build in the wrong place, the market is going to severely punish you.”
- How many tiny houses are in Houston?
- Houston #5 top paying metro in America, and it's all the more impressive when you consider how low our cost of living is compared to the higher cities on the list.
- And that's minting new millionaires here at a fast pace (discussion).
But while Silicon Valley basks in the golden glow of the wealth spotlight, Houston, TX is quietly minting new millionaires at a fast pace.
For the last two years Houston has enjoyed more growth in the number of High Net Worth Individuals–people with at least $1 million in investable assets (primary homes don’t count)–than any other U.S. city.
A recent Capgemini study found that Houston’s millionaire population surged by 9.6% to a total of 96,700 wealthy citizens from 2009 to 2010. The year before that, Houston saw its millionaire ranks surge by 29%.
What’s stimulating the increase in Houston’s millionaire roster? Old school fossil fuels. “The strong presence of the oil and gas industry in Houston benefited local HNWIs as oil prices grew over 15% in 2010,” William Sullivan, Capgemini’s head of Global Market Intelligence, wrote in an email. “Additionally, of the 10 markets studied, Houston had the highest per capita income growth (8%) compared to a 4% average growth for the other nine markets.”Finally, check out the 39:36 point in this episode of the CW series "Arrow" and see if you recognize the skyline. The show is set in the fictional "Starling City" and filmed in Vancouver, but that's most definitely our skyline.
I've got more items, but this post is already pretty full. Have to save the rest for a future post...