To: Ditter
The suburbs are more conservative. Houston is booming. The construction going on is astounding, road building, strip centers, highrise buildings, houses of all price ranges. New stores and business everywhere you look. Amazing!
I can't speak for the other large cities, but Austin is definitely booming - 80-90% hotel occupancy rate year-round, constructions business is going crazy, real estate business is going crazy. A major event or two basically every weekend. I keep thinking everything is a bubble, but well over a thousand people are moving into the area every week. I'm not complaining too much, the houses I own keep going up in value, and realtors are constantly bugging me to sell them (with their assistance of course).
And it helps that we just had a $400 million racetrack for auto and motorcycle racing put in, which has an impact of well over $300 million every year.
The only thing I don't like is they are turning Central Texas into another Houston/Dallas, with lots of the same old strip malls and boring highrises, and horrible traffic.
To: af_vet_rr
I am glad to hear that Austin is having the same growth that Houston is having.
21 posted on
08/03/2013 3:50:01 PM PDT by
Ditter
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