Affluent people leaving Harris County for Montgomery County (Houston, Pearland: house, buying)

[dejamiller]

"Harris County, which with more than 4 million residents is the nation's third most populous, is losing thousands of its wealthiest, best-educated residents to neighboring Fort Bend and Montgomery counties, a U.S. Census Bureau study released Thursday shows."


Harris County losing residents to affluent neighboring counties, Census finds - Houston Chronicle

[EasilyAmused]

Originally Posted by dejamiller

"Harris County, which with more than 4 million residents is the nation's third most populous, is losing thousands of its wealthiest, best-educated residents to neighboring Fort Bend and Montgomery counties, a U.S. Census Bureau study released Thursday shows."


Harris County losing residents to affluent neighboring counties, Census finds - Houston Chronicle

Well, the census was taken in 2010... Dunno. But we are getting people from Ft. Bend, Montgomery, Katy and Pearland moving into our area to avoid the commute. <shrug>

But if affluent and educated means, max budget for a house is 300k and you are college educated...yeah that been going on for a while.

[tstone]

Originally Posted by EasilyAmused

But if affluent and educated means, max budget for a house is 300k and you are college educated...yeah that been going on for a while.

Those folks greatly outnumber the folks you're thinking of.
And they have a lot more kids in tow as well.

[dejamiller]

Just some perspective from the prevailing thought that is always thrown around on this board, that "everyone" is moving to the city. While that may be true in part, the affluent are not necessarily.

[TexasTallest]

Originally Posted by dejamiller

Just some perspective from the prevailing thought that is always thrown around on this board, that "everyone" is moving to the city. While that may be true in part, the affluent are not necessarily.

dont worry.. those affluent people will be moving back to the city when the poor are driven out to the suburbs because of rising cost of living in the city.

[Southwestern_Rambler]

Its part of the "cycle" of life. Young people move into the city become upwardly mobile hook up have kids then move to the suburbs to escape all those hell raising party kid friends of theirs.

Another thing , I don't know if it is related, but there was another article in the Chronicle about "White" enrollment being up in HISD, over the past couple of years. Maybe this is an indication that flight to the ex-urbs may slow in the future.

[Bike4Life]

I guess we are not building enough Ashby Towers over Southampton.

[Meyerland]

The nice areas of Houston/ Harris County are way more expensive than the burbs overall. Someone has to be buying all those $800,000 + homes in Bellaire, West u, montrose, heights, memorial, Afton oaks, etc...

It's considered a deal if the house is around $800,000.��

I think we are losing somewhat affluent folks and gaining really affluent folks.

BTW we moved in from Katy to the Meyerland area and are not rich by any means.

[Southwestern_Rambler]

Originally Posted by Meyerland

The nice areas of Houston/ Harris County are way more expensive than the burbs overall. Someone has to be buying all those $800,000 + homes in Bellaire, West u, montrose, heights, memorial, Afton oaks, etc...

It's considered a deal if the house is around $800,000.��

I think we are losing somewhat affluent folks and gaining really affluent folks.

BTW we moved in from Katy to the Meyerland area and are not rich by any means.

Yes I think upwardly mobile couples with kids are leaving for the burbs and young singles and older more affluent singles and dink's are replacing them. So it is a net loss in population of certain income category's, because they count the kids as affluent too. But the properties they are vacating are not losing value..

[hbcu]

I saw that HISD article but have not looked in-depth...problem is its concentrated to certain areas only