Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Celebrating Memorial Day!
Go Back   City-Data Forum > U.S. Forums > Texas > Houston
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-31-2019, 11:36 AM
 
472 posts, read 337,717 times
Reputation: 615

Advertisements

https://content.govdelivery.com/acco...letins/25b80aa
Reply With Quote Quick reply to this message

 
Old 08-31-2019, 12:41 PM
bu2
 
24,118 posts, read 14,931,907 times
Reputation: 12977
Quote:
Originally Posted by Snapper_head View Post
Sounds like HCAD inflating values again!

It would be interesting to see how Green and Purple compared. The area around the Red line was already going up rapidly.
Reply With Quote Quick reply to this message
 
Old 09-01-2019, 09:19 AM
 
5,976 posts, read 15,288,917 times
Reputation: 6711
Default Meh...

Shockingly (not), the article does not mention one single instance of businesses which are forced to shutdown because of the mess and loss of business caused by the construction of the rail. I guess that news won't fit Metro's narrative. Those poor businesses which were forced out of business had to give up their lease, or sell their properties, no wonder property values 'have risen'. Ha-ha. Metro.
Reply With Quote Quick reply to this message
 
Old 09-01-2019, 12:08 PM
 
Location: Houston
5,637 posts, read 4,962,115 times
Reputation: 4562
I'm not against transit infrastructure, but the assertion that METRO Rail caused property values to increase OVER AND ABOVE what they would have otherwise done is tenuous at best.
Reply With Quote Quick reply to this message
 
Old 09-01-2019, 01:02 PM
 
4,875 posts, read 10,083,518 times
Reputation: 1993
There is a saying that one has to break some eggs to make an omelette.

It sucks for the businesses, but this argument is not a valid one for opposing the rail: progress needs to be made somehow, even if a few businesses close because of it.

Quote:
Originally Posted by HookTheBrotherUp View Post
Shockingly (not), the article does not mention one single instance of businesses which are forced to shutdown because of the mess and loss of business caused by the construction of the rail. I guess that news won't fit Metro's narrative. Those poor businesses which were forced out of business had to give up their lease, or sell their properties, no wonder property values 'have risen'. Ha-ha. Metro.
Reply With Quote Quick reply to this message
 
Old 09-01-2019, 01:03 PM
 
4,875 posts, read 10,083,518 times
Reputation: 1993
Quote:
Originally Posted by LocalPlanner View Post
I'm not against transit infrastructure, but the assertion that METRO Rail caused property values to increase OVER AND ABOVE what they would have otherwise done is tenuous at best.
Probably depends on which neighborhood in which it happened. Out by Northline Mall, not sure. In Downtown, of course it super augmented it. Also one needs to think about the health of the overall transportation network and the far future.
Reply With Quote Quick reply to this message
 
Old 09-01-2019, 01:43 PM
 
Location: Unplugged from the matrix
4,753 posts, read 2,987,355 times
Reputation: 5126
Quote:
Originally Posted by HookTheBrotherUp View Post
Shockingly (not), the article does not mention one single instance of businesses which are forced to shutdown because of the mess and loss of business caused by the construction of the rail. I guess that news won't fit Metro's narrative. Those poor businesses which were forced out of business had to give up their lease, or sell their properties, no wonder property values 'have risen'. Ha-ha. Metro.
Those same businesses would have closed down due to road construction too, so better ones will come in their place. It's a question for how much property values increased due to Metro, but one thing is for certain, it did help with the overall increase! Can't deny that one.
Reply With Quote Quick reply to this message
 
Old 09-01-2019, 01:52 PM
 
15,530 posts, read 7,559,449 times
Reputation: 19435
Quote:
Originally Posted by Vicman View Post
There is a saying that one has to break some eggs to make an omelette.

It sucks for the businesses, but this argument is not a valid one for opposing the rail: progress needs to be made somehow, even if a few businesses close because of it.
Here's hoping that the next transit project forces your employer to close, since you think it's OK for that to happen.

Quote:
Originally Posted by DabOnEm View Post
Those same businesses would have closed down due to road construction too, so better ones will come in their place. It's a question for how much property values increased due to Metro, but one thing is for certain, it did help with the overall increase! Can't deny that one.
Not necessarily. Road construction is less invasive, and can be designed to leave businesses operating, other than when the right of way is expanded.
Reply With Quote Quick reply to this message
 
Old 09-02-2019, 10:01 AM
 
24,030 posts, read 15,133,478 times
Reputation: 12974
We owned a house in Dallas just off Walnut Hill, close to the under construction light rail station.

Houses in that part of Lake HighlanDs rarely get to the open market.

The rail line one had a big affect on the prices. My niece is still in the neighborhood. Son tried really hard to get a house there. It was impossible. Prices were not the issue. And they were in an apartment, so they could wait.

BTW, Chuy's had to relocate due to the construction. It didn't hurt their business.
Reply With Quote Quick reply to this message
 
Old 09-03-2019, 08:14 AM
 
3,182 posts, read 2,070,989 times
Reputation: 4916
Quote:
Originally Posted by WRM20 View Post
Not necessarily. Road construction is less invasive, and can be designed to leave businesses operating, other than when the right of way is expanded.
Meh. The businesses in the Galleria area complained to high heaven when the original Post Oak beautification project happened 15-20 years ago, and are complaining more now with the bus lanes. Construction just sucks in general, everyone hates it. The idea that rail construction is that much more invasive than road widening is questionable at best, in as car-centric of a city as ours, potential customers just tend to stay away if its more difficult to get somewhere than it usually is.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2022 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Houston
View detailed profiles of:

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top