As housing prices rise, housing affordability is a growing concern for many families, especially for renters. The affordability gap varies by neighborhood, with most inner-city areas far beyond the reach of the median-income renter.
Four predominantly Black neighborhoods in Houston have been experiencing gentrification in recent years. Data captured by U.S. Census surveys shows these communities are becoming proportionally more Hispanic and more educated, housing prices are accelerating, and residents there are more likely to rent and face cost burdens than others in Harris County.
A lot of the rent houses owned by real estate investment trusts — or REITs — are located in unincorporated parts of Harris County and municipal utility districts (MUDs) that have been hit hardest by foreclosures and flooding. Many of them are connected to local and national homebuilders.
By the end of 2020, Houston had potentially tens of thousands of fewer residents, data from the U.S. Postal Service suggests. Like other cities, it experienced a surge in migration as people began leaving urban areas amid the pandemic lockdowns. That shift is also continuing to take place well into 2021.
Posts about where Houston and other Texas metros are ranked on lists of best and worst places for you-name-it routinely perform well on this blog. These lists range from happiest and safest cities to best cities for staycations, foodies and working from home. Today, we’re kicking off a new feature focused on rankings and Houston’s place on them.
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PUBLIC HEALTH | HOUSING | SOCIAL AND ECONOMIC DISPARITY