COMMENT OF THE DAY: ENERGY DEPENDENCE
“The current Houston economic boom isn’t connected to nation-wide anything. It’s connected to energy-sector activity. If, how and when energy activity slows will determine if the Houston economy, and the Houston real estate market by extension, also slows or busts. If all drilling were to stop tomorrow, our boom would be a bubble that popped. If energy activity continues at this pace for 100 years, they won’t be able to call it a bubble. They’ll just call it growth.” [Densify, commenting on Comment of the Day: Bursting Your Housing Bubble Bubble] Illustration: Lulu

It’s one thing to get the money to build a bunch of nice parks, and it’s another to keep them nice: Houston Chronicle reports that the Kinder Foundation isn’t convinced that the city will be able to pay for the maintenance of all those 
This signless storefront, a reader reports, will be the home of Preview, the seafood restaurant opening this November just a few doors down from the forthcoming 
“Your fears of a bubble being caused in this manner are unfounded. The sales of older homes (by Houston standards at least — still less than 10 years) have shot up in just the last 9 months. Sure, we always need to guard against bubbles, but I don’t think an EaDo-specific bubble is occurring, and certainly not because there aren’t existing single-family homes.
Teardowns of existing, livable (leaving out the shotgun shacks) single-family homes have started (
How much new parkland has the city acquired since 2007, when it passed the so-called open space ordinance meant to encourage residential developers to donate part of their properties to the public? “Not one acre,” reports the Houston Chronicle. Almost all the developers, reports Jayme Fraser, have “written checks” instead. But the city hasn’t spent the $11 million it has garnered in fees to buy land; much of it, rather, has gone to maintain and add amenities to the parks it already has: “
Eater Houston’s Darla Guillen reports that that 
“I totally agree with what’s going on in EADO. Face it. It’s way too close to everywhere people want to be not to turn around. And I don’t see any bubble bursting as it’s not inflated at all. Things are still super cheap.
Our strategy for EADO, 3rd ward, and med center area can be summarized in 3 words: “BUY BUY BUY†(and sell in Montrose, at stupid high prices, to get the cash to do so).” [
Wanting to try 

“The gear needed to frac wells on a single well-pad is unbelievably heavy. A single pump might weigh 75,000 lbs, and you use 12 or more on a single pad, not to mention a hydration unit, a blender, a manifold, a data van — and these are the things that just stay on the well site. You also have sand carried in vehicles so big that they are often called ‘sand hulks’. They come and go from a single well site constantly. And depending on how you get water to the site, that may mean even more trucks.
This army of vehicles leaves from a single yard and tends to go over some of the same roads over and over again on its way to different well-pads where the wells to be fracked are.
The point is, fracking tends to place a lot of stress on a small number of roads that are in continuous use in a given area. I work in in the frac business and am totally pro-fracking, and I think it is totally reasonable for localities (whether counties or states) to require a reasonable road maintenance surcharge from companies that operate frac spreads in an area. (Of course, it should be based on actual use.) After all, these are the same roads our employees drive on to get to work or to run errands and that their kids ride school buses on.” [