Houston Top 5 Global City in America, Big SWA increase at Hobby, Dilbert vs. City Red Tape

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!

This piece first appeared on Houston Strategies Blogspot.

Tory Gattis is a Founding Senior Fellow with the Center for Opportunity Urbanism and co-authored the original study with noted urbanist Joel Kotkin and others, creating a city philosophy around upward social mobility for all citizens as an alternative to the popular smart growth, new urbanism, and creative class movements. He is also an editor of the Houston Strategies blog.