I bet Mayor Bob and his cronies made tons of money and still making it off all the new downtown developements like Minute-Made park, George R. Brown convention center, the new basketball stadium, new Hilton hotel.
Bob Lanier’s handpicked successors were Brown and White. I wonder who our next mayor will be. Someone should ask Bob and the Chron.
I think a lot of that was our former mayor Out of Town Brown, not Lanier.
Although Houston is rather ugly I credit the lack of government regulation as to why there wasn't a huge spike in housing or the crash that has followed elsewhere.
The supply and demand has been allowed to find natural equilibrium here, whereas elsewhere government meddling has artifically decreased the supply.