I learned a bunch of stuff today, and some stuff that I was (probably) supposed to learn went right over my head (not really, I just wanted to give you all the benefit of the doubt). I attended the Second Annual Texas Residential Realty Summit this morning, a program put on by the Texas Real Estate Commission. Five hours (give or take) of forecasts, charts, graphs and statistics. Interesting and topical presentations, mostly about what happens when a disaster hits, how to prepare, plan and go forward. How does a disaster (no names, but the initials are Hurricane Harvey) affect the residential housing market, how does a disaster affect residential property valuations?It doesn't have to be a hurricane to be a disaster, think a good rain for many parts of Texas. A good fire. A tornado. You think it, it can be a big problem.
And we will survive; we have, we do and we will. maybe the one thing we will not survive is ourselves. In one year, from 2016 to 2017, Texas had a net population gain of 400,000 people.
I don't remember the exact number that was used for the Texas forecast population growth between now and the year 2050, but it was a pretty big number, but ~40,000 net population growth is the number that sticks in my head. And each of those people is bringing with them ~0.9 vehicles. That's a lot of people and a lot of cars.
Can you say infrastructure?
Deeds, Actions, Changes, TOO MANY CARS, Kindnesses, Whirled Peas, FUN!
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