Ashby not hurting home values; better rankings for Houston, UH, and Rice; support the AstrodomeJust a handful of smaller items this week:
- Houston now has the 4th largest GMP among metros behind the big 3 of NYC, LA, and Chicago. We passed up DC and are one of the fastest growers among the major metros (behind SF). I was surprised to see cities like Philly and Atlanta so far below us in GMP given that their population size is similar to ours. Hat tip to Jessie.
- UH and Rice are ranked #2 (undergraduate) and #4 (graduate) for entrepreneurship nationally. This is a huge asset for Houston, and one we should absolutely continue to nurture and enhance.
- The Ashby high-rise seems to actually be *enhancing* home values nearby instead of devastating them as predicted! As it started construction in the last year, neighborhood values are up 58%!