Sunday, October 11, 2020

HTX top five global city in America, big SWA increase at Hobby, Dilbert vs. city red tape, big growth, and more

 Lots of interesting items this week:

But mainly I expect everything to (eventually) get more affordable under covid (see previous item). It will certainly free up a lot of workers from service industries for construction, which has been a major issue for builders. And people being free from commutes reduces price premium of close-in properties and opens up exurban ones.
#12. Houston-The Woodlands-Sugar Land, TX
3-year population growth (percent): 5.11%
3-year population growth (total): 340,438
Cost of living (compared to national average): +1.8%
Median home price: $221,426
Average 2-bedroom rent: $1,096 per month

Finally, ending on a humorous note, Dilbert takes on development over-regulation and corruption! I'm sure many developers are familiar with the 'false hope phase', at least outside of Houston!

Click to enlarge

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