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Old 06-18-2008, 03:27 AM
 
746 posts, read 3,720,445 times
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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..
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Old 06-18-2008, 09:01 AM
 
5,760 posts, read 11,502,979 times
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As in all ups (followed by downs) it is based on growth being required to just hold its own.

That means when energy maxes out, it will start collapsing. BTDT.

Saudi is already afraid of having broken the market by price and is calling for methods to drop price (before they start losing customers).

Sticker Shock: Why Saudi Arabia's King Wants to Dampen Oil Prices - International - SPIEGEL ONLINE - News

If they can hold or drop prices, Texas goes into the tank, as well.
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