What for some may be an anticipated return to “normal” is for others an anxiety-filled readjustment to pre-pandemic life. No matter which category you place yourself, there are some aspects of normalcy we’d all prefer to leave in 2019. Chief among them is the daily struggle to get where we need or want to go. Unfortunately, it’s not certain how long we have before traffic in Houston returns and exceeds levels we saw a couple of years ago.
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.
Economists studying the dramatic growth of new business activity found that the proportion of Black residents in a ZIP code had the greatest impact on the rate of increase and that business formation coincided with the stimulus payments.
Central Houston President Bob Eury has been tracking COVID-19 case counts since the early days of the pandemic and has the spreadsheet to prove it. It was a ritual that he says helped him stay on top of the virus and how far off “normal” might be. But there may be one number he is tracking even more closely: how many of downtown’s estimated 168,000 workers are returning to the office.
After COVID-19 lockdowns and stay-at-home mandates, anywhere with fast broadband became a viable place to call home. But for Houston natives Alex Jimenez and Hayley McSwain, the choice was to move—and keep moving.
