Originally Posted by
Scrappy
Andy - I live in the Heights...relatively higher end urban living inside the loop in Houston. The amount of new homes being built in Houston is incredible and they are selling in one day to approx a week. Just chatted with a local realtor about it 2 days ago. All of he Central and S Texas economy (Metroplex down through Austin to SAT and over to Houston) - at least home sales - is off the chart.
That may be.
But again, this 2 June report written by U of H doesn't paint a pretty economic picture of the region:
Resilience in the Face of a No-Growth Scenario
Nor does the anemic O&D growth out of IAH and HOU, which is really the most important stat for this topic. A lot of flying has been forced out of IAH; management has decided to reduce the amount of IAH forced flying. Flying will increase there as O&D traffic increases.