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.
Here at the Kinder Institute, we do a lot of research on housing—especially in Houston but also in some of the other big Texas metro areas. And all of our research says that Texas is gradually losing its affordability advantage: Home prices are rising faster than incomes, making housing less affordable each year. This is obviously true in Austin, where home prices are skyrocketing, but it’s also true in Houston and Dallas-Fort Worth as well.
Trees provide significant benefits that can be felt both now and in the future, from lowering temperatures, fighting flooding and slowing climate change. But not all Houstonians enjoy the valuable shade and other advantages trees offer in equal measures. A new interactive mapping tool makes it easier to see which neighborhoods are most in need of more trees.
Since the 1980s, the federally backed home buyout program has been used to move more than 40,000 households out of flood-prone areas. What began as an effort to help farmers weather the devastating impacts of flooding has become a tool for urban and suburban homeowners to escape worsening climate risks. Yet as logical as this policy sounds, a new study from sociologists at Rice and Temple finds it may also be eroding the social fabric of some communities more than others—especially those with lower home values and higher proportions of Black and Hispanic residents.
The Kinder Institute's 2021 State of Housing in Harris County and Houston report highlights new data showing an increase in occupied housing units in the 100- and 500-year flood plains from 2018 to 2019. In Harris County, for example, about 2,000 homes were newly occupied—by either renters or homeowners—in the flood plains in 2019. Kinder researchers hope to better understand these development patterns, which can leave Houstonians vulnerable to flooding.
COVID-19 killed Black and Brown people at a far higher rate than white or Asian people, and in this year’s State of Housing report, we suggest home overcrowding and labor conditions played a role.
Sometimes good things are worth the wait. Sometimes big dreams can be shared. Sometimes reality is better than what you imagined. The new Law Harrington Senior Living Center, which marks its grand opening today, is a small solution to a big problem, but a big idea beautifully executed.
The 2021 State of Housing in Harris County and Houston report uses a range of indicators to track the challenges, opportunities and trends in the region’s housing system.
The Kinder Institute’s second annual “State of Housing” report comes as Houston—and much of the country—remains in the midst of a residential real estate bonanza. A yearlong buying spree, fueled by a combination of factors, is driving the country to historically low inventory levels and propelling prices ever higher.