RICE UNIVERSITY: Housing growth in high-demand areas stems gentrification, for now
Rice researchers warn rampant redevelopment in Houston is major threat to affordable housing An uptick in new townhome construction in Houston may let people live closer to jobs and services, but it could eventually price many Houstonians out of the city’s historic neighborhoods, according to a new report from Rice University’s Kinder Institute for Urban Research. A row of modern townhouses in a new subdivision “Re-Taking Stock: Understanding How Trends in the Housing Stock and Gentrifica...
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