Thatâs crap, and there is a housing crisis right now.
There are plenty of affordable houses between 610 and the Beltway, the problem is nobody wants to live in those neighborhoods because HISD is not in that great at the moment
HISD used to be good but then everyone left for cheaper and bigger houses on the outside.
Renovate neighborhoods in the Beltway. Reverse the sprawl. Add density.
But inside the 610⊠too expensive. And given that rates will begin to come down, people that have been sitting cash these past 2 years will jump on the real estate market, propping it up
The âgood areasâ within the 610 loop are too expensive.
You can find houses in Third Ward under $300K, but the problem is that are old and unrenovated, and we still have a school district issue
Itâs the same situation with homes in between the beltway and 610. There are cheap houses that can be renovated. Renovating houses improves the overall area.
The problem Houston faces is that people want these gigantic 2 story homes for cheap. Thatâs only possible if you build on cheap land outwards
I look forward to his response. I have articles up and ready in regards to the Tyson Familyâs NIL for Arky basketball, Phil Knight giving whatever Oregon wants him to give, and Fred Smithâs $25m donation to just NIL. I look forward to his response. The Dave Portnoy $3m is already in the thread to start.
Yes, perhaps. I have said here, we need to gentrify 3rd ward. I am on board with that. Thing is, is the 3rd wars big enough to sustain people from Cypress, Katy, Conroe, Sugarland, etc, that would want to move to that area specifically? Probably not. And even then, those $300k home prices would skyrocket
Itâs not enough to sustain all those people. I agree. Thatâs not anyoneâs fault but the city planners who never chose to remove zoning restrictions.
Houstonâs issues were created by itâs own growth strategy.
Yes, Houstonâs population is âGrowingâ, but itâs âGrowingâ OUTWARDS.
The problem with growing outwards, is that all these cheap homes are being built further and further away from the city.
What keeps these houses on the exurbs valuable is the low supply of them. If you start adding more housing, then the value of those homes decline which is what those neighborhoods do not want.
Thatâs why all these new âsuburbsâ are being built around Houston, because once a city like Katy or Sugarland starts getting too dense, the housing and schools decline.
I went to Lamar and SFA for summer school and Iâm not giving them any $$.
Remember when Pezman complained that UH fans would sell their UT tickets. He hung out with Fertitta. Thatâs what the big donors see. Fertitta built UH hoops which was cheaper to build.