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Moving Into Houston?


nmm

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I was wondering, with the rising price of gas, and Houston being a 'car culture' city - will people be moving into the city within the next few years?

When oil prices go up, property values of houses/commercial towers far away from cities would go down, wouldnt it? The way i see it - it would take more money to get necessary things such as oil, and other valuable resources 50 miles outside of the city, then to keep it in the city. The cities are the 'heart' of all suburbs, so it would be much cheaper for any company to send commodities into a city - and from there send to suburbs. But in a future where it costs more to get things moved (trucking companies, airplane industry, car rentals are all affected when oil prices rise) it would cost more to live out farther.

What do you all think?

Edited by nmm
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Yeah, Houston has seen the most densification in the core of the city in the last five years than any other cities. This doesn't mean it's the densist city in the US, but rapidly moving forward to being denser.

What we are also seeing, is that the growth of Houston is occuring in the core and in the burbs.

Gas prices, although have gone up, having impacted the city too much yet.

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