Houston Area Pop: 10 million by 2035

[wxman]

Here's an interesting article. I think they may have the current population wrong as current 2009 census data shows the Houston Metro Area's population at ~5.8 million.

http://houston.bizjournals.com/houston/stories/2010/04/12/daily24.html

[Talbot]

I read that today, interesting article. Hopefully their prediction for the suburbs is wrong though.

[TheNiche]

I read that today, interesting article. Hopefully their prediction for the suburbs is wrong though.

I once did a calculation based on the IRF's historical data that indicated that for every twenty two new residents to the Houston region, only one was added to the Inner Loop. And it actually makes a lot of intuitive sense. For all the new construction we have in the urban core, there's been a lot of demolition and economic displacement of less affluent and larger households. Where do they go? On net, they end up in the suburbs.

Ultimately, the market segment that sustains meaningful densification of the urban core are affluent renters, and in a nation whose elected officials are almost uniformly in the NAR's pocket and in a city with decent freeways and a seemingly unlimited supply of exurban land, that remains an easily-exhaustible market segment.