How long can DFW and Houston buck the national downturn?
It's true, both cities are booming like gangbusters..but..how long can they buck the national trend, as loan money for construction retail/residential taps out nationwide? Houston and DFW are indeed bucking a massive national trend....
Some things that may stunt that growth.................
Too many people from everywhere else coming in, taxing the infrastructure, and diluting the job market
Energy sector tanking, when people start discoving bicycles again when gas hits 6 dollars a gallon in 2009....
Pollution and sheer overcrowding, ala post-katrina, pushing people away from area, as those that are marginal feast on those few making money..
The tech sector tanking....lots of that in Houston(and Dallas as well)
Or I could be wrong, and it will boom contrary for many years....hard to say how Houston and DFW will play out..
|