Houston's Appetite for Luxury High Rises Slowing Amidst Oil Slump
"Luxury high-rise developers began to thrive during the oil boom as the condo lifestyle seemed to finally catch on with wealthy Houstonians drawn to expansive views, private terraces and resort-style pools," explains Erin Mulvaney to set the stage for an article about the state of the high-rise housing market in Houston.
That newfound interest in high-rise living, driving the construction industry in cities like San Francisco and New York, has run against a "persistent oil slump" in Houston. "Though May was a record-breaking month for condo sales locally," writes Mulvaney, "evidence of a slowdown at the high end is mounting."
The article includes more examples from the current market, as well as aggregated data and an interactive map to provide an overall picture of the high-rise luxury market in Houston.
Topics
- A 20-Year To-Do List for Cities
- The Argument Against Home Ownership
- As More 'Superstar' Cities Emerge, the Gap With Other Cities Grows
- Does the Plan to Revitalize a D.C. Canal Too Much Resemble the High Line?
- Study: Not All Gentrification Effects Are Equal
- Transit Oriented Development Shifts Into High Gear Near BART Stations in the Bay Area
- Multi-Family Market Grinds to a Halt in New York City
- U.S. Economic Growth Shows Urban-Rural Divide
- Report Makes Business Case for Vancouver-to-Portland High Speed Rail
- The Great O'Hare Race (And its Discontents)
- In Crosswalks, Public Art Meets Transportation
- Shuttering a Large Coal Plant: A Tale of Two States
- Controversial ADU Allowances Approved in Maryland
- The Post-Wildfire Dilemma: Rebuild or Retreat?
- Congressional Report on Transit Spending Stops Short of Accountability
- Public Opinion Differs on New Bay Area Road Diet
- Et Tu, Portland?
- Rethinking Downtown Streets in a Revitalizing Pittsburgh
- 'Community Preference' Housing Policy Under the Microscope on Either Side of the Country
- The Car-Centric World and the Ongoing Expansion of Police Powers
