COMMENT OF THE DAY: DON’T LET THE LOCALS GET IN THE WAY OF YOUR PROJECT 
“Good idea, let the Peasants with Pitchforks have an Illusion of Choice. Let them pretend to participate, let them vent some hot air, and then throw them a bone to the side so while they bark over that, you build what you were going to build in the first place. Don’t forget, they don’t have any legal standing in this matter, they’re merely a construction nuisance like graffiti or defecating raccoons, just to be handled as a normal course of business.” [commonsense, commenting on A New Sign of Future Development Appears on Heights Hike-and-Bike Trail Site] Illustration: Lulu
Sign up for the Newsletter
Comments
COMMENT OF THE DAY: HOUSTON’S REAL ESTATE BOOM IS OVER 
“I’d like to see newer articles start noting that the jobs boom is already over and at this point it’s just the construction industry finishing off contractual commitments before we wrap it up and call the show over. past this it’s only retail & service sectors jobs growing which have a negligible impact on the overall economy anyhow due to the large supply of non-workers in the population and readily available labor. i’m not calling a downturn or anything here, but with drilling activity in the gulf starting to ease up (see hercules note [yesterday] morning about cutting personnel) and falling oil prices barring new onshore fields from starting up i’m not seeing any way for current growth trends to continue. fed pulling out of buying bonds will start hitting mortgage rates and drying up the cash closings that have helped stoked the fire as well so will be interesting to see if any slack appears in the market in the coming year.” [joel, commenting on AmREIT Takeover Approved; Bringing Gino’s East to Houston] Illustration: Lulu
COMMENT OF THE DAY: TURNING HOUSTON INSIDE OUT 
“It might be that the best outcome for Houston is for the Inner Loop to have an exurban quality of life. Send commuter rail out to the suburbs — not for the suburbanites to commute to downtown — but for the Inner Loopers to commute outbound in the mornings to densely clustered (out of necessity) suburban tall office towers surrounding the stations, and then back into town in the evenings.
This is more viable than the traditional idea of New Urbanist suburbs with transit connecting them to a downtown core since politically none of Houston’s suburbs are on board with cultivating a small town ambience, but are ok with letting office builders do their thing.
To be sure, suburbanites would still commute to downtown but it will be seen as an aberration. Downtown will still have things to do after dark, but other areas of the Inner Loop, connected by LRT/buses/cars/bikes/sidewalks, will do a much better job of providing the QOL aspiring exurbanites may crave.
Suburbanites will, of course, still commute to a large extent to the office towers in their suburb. But they will do so by car, and won’t care about the urbanist quality of life (in other words, nothing will change for them).” [anon22, commenting on Here’s the Freshest Satellite Photo of Downtown Houston You’ll See All Day] Illustration: Lulu
COMMENT OF THE DAY: SCHOOL CHOICE 
“. . . You have hit upon an issue that is at the core of not only the perception of school quality but also a prime driver of the residential real estate market, especially in the suburbs (and thereby a driver of retail and office markets as well). In my admittedly qualitative, non-scientific observation of the dialogue surrounding schools, the general public perception of school quality is not nearly driven as much by teaching methods, administrative / management styles, or teacher qualifications, as by the demographics of the students themselves. In the greater public’s mind, affluent demographics = good schools, with the demographics being the more independent variable (though there’s obviously a feedback loop as more affluent home buyers will be drawn to schools with already affluent students). Private schools are obviously not as related to real estate (with Strake Jesuit as an example), but the perception issue seems as relevant.
To put the issue another way, is a student from an affluent household likely to perform worse academically if he/she attends a school with less affluent demographics? My sense is, many people seem to think so and make school enrollment decisions accordingly. Perhaps this assertion is justified by empirical data and experience, I don’t know.” [Local Planner, commenting on How The Woodlands Has Gone Astray; A Suitable Houston Honor for the Inventor of Air Conditioning] Illustration: Lulu
COMMENT OF THE DAY RUNNER-UP: ANOTHER REASON WHY WE GIVE THANKS ON THANKSGIVING 
“If the Pilgrims had landed on the Island of Doom (Cabeza de Vaca’s name for Galveston) the Karankawas may well have simply eaten them. So the first Thanksgiving would consist of long pig festooned with buckle hats.” [Memebag, commenting on Houston’s Baby Boomer Housing Shortage; Cooking Up a Third Coast Thanksgiving] Illustration: Lulu
COMMENT OF THE DAY: WHAT I SHOULD HAVE SAID ABOUT STRAKE JESUIT 
“If people want to self-segregate and move somewhere like The Woodlands, great. I’m glad they are free to do that. What I don’t understand is the myopia that self-segregation can create, when people forget that anyone would ever value anything else over clean and shiny (and white) suburbs.
An example of what bothers me so much: I was leaving a Strake Jesuit football game earlier this year, and a Woodlands dad and I fell into conversation on the way out. He commented “this is such a great campus. Too bad it’s in this neighborhood.†As a SJ parent, I didn’t have any choice but to answer him politely, so I murmured something about how the lower property costs made it possible for the school to buy more land to improve and expand. But in reality, I was just incensed by his comments — still am, actually. What, a working class neighborhood doesn’t deserve something nice like a private school campus in it? The school has nothing to offer the neighborhood, and vice versa? The neighborhood has less value in absolute terms because it’s not wealthy, or aesthetically pleasing? What is it about living somewhere like The Woodlands that changes the way a person thinks, that they can look at the (abundant) life going on outside their clean little bubble and not recognize its value? I don’t have an answer to this question — it just bothers me an awful lot.” [Vonnegan, commenting on How The Woodlands Has Gone Astray; A Suitable Houston Honor for the Inventor of Air Conditioning] Illustration: Lulu
COMMENT OF THE DAY: THE BEAUTY OF THE FAMILY SEDAN 
“The perceived blandness of modern office buildings has nothing to do with the lack of vision or enthusiasm of developers, it has to do with where the money comes from today. Decades ago there were eccentric millionaires and corporations with money to burn on monuments of their own egos, but these days money only comes from carefully calculated, vetted, reexamined, audited, and risk assessed finance packages. Throw in a healthy dose of anti-wealth and anti-corporate profit sentiment in the US and you have the real estate equivalent of a Toyota Camry — simple, functional, non-offensive, and very forgettable.” [commonsense, commenting on New Spec Office Building on Montrose Blvd. Will Sit Atop Southwest Fwy. Wall Vines] Illustration: Lulu
COMMENT OF THE DAY: TERRAZZO FOR FLIPPERS “
Poured terrazzo floors like those in that house are nowadays so astronomically expensive that the only new residential construction they are seen in today are high-end, architect-designed custom homes built for extremely wealthy people.
I wonder if people who replace poured terrazzo floors with hardwood, travertine, or whatever realize that they are discarding something very expensive for something much cheaper.
It even makes business sense. Even flippers could increase their profit margin if instead of replacing terrazzo, they just educated their buyers about how valuable these floors are. (Things that are revealed to be rare, expensive, and hard to replace have a way of magically becoming very attractive).” [august15, commenting on This Not-Screwed-Up-Yet Meyerland Ranch Mod, in Almost Original Condition, Is Available for $460K] Illustration: Lulu
COMMENT OF THE DAY: ONE WEIRD TRICK TO AVOID VALET PARKING 
“Oh, and if you want to valet your car for free, ride a motorcycle; most valet services aren’t insured to park motorcycles, and they’ll tell you to park over there (really close, but out of their way). Try to toss them the keys and they won’t accept them.
So yeah, motorcycle means you can go to places like this that practically force valet, and park right up close. This requires a motorcycle and usually all the accouterments that come along with it though, but I’ve never had someone tell me to go park somewhere else. Basically, if I know it’s valet, I ride, if it’s self park, I’ll usually just drive.” [toasty, commenting on New Galleria-Area H-E-B Will Feature an In-House Restaurant; Behind the Movement for a Swimming Hole in Houston] Illustration: Lulu
COMMENT OF THE DAY RUNNER-UP: WHAT IF THEY HAD KEPT HOUSTON HOUSTON BACK THEN, TOO? 
“I hate watching this complacency about Houston’s problems. Yeah, we’re not like Boston or San Jose, and in some ways that’s good, but there is a lot we can do to get better without losing some sort of the mystical ‘Houstonness’ that makes us special.
To those marveling at how great and ‘vibrant’ Houston’s flaws are, would you like to go back to 1980 when billboards were three times more crowded along our freeways? Would you like to rip out all the trees that have been planted along those same freeways? Would you like to remove the historic restrictions in the Heights and Sixth Ward and watch those neighborhoods turn into Rice Military? Do you want to see another giant revolving gas station sign atop a downtown skyscraper? Shall we return Hermann Park to its former scraggly state, or put the sewage back in Buffalo Bayou?
If the answer to these questions is ‘No,’ then you must not be a fan of ‘Keeping Houston Houston,’ because before all that happened, Houston was a lot more ‘Houston’ than it is now. I would argue that the way it is now is a vast improvement, and that we should keep going in that direction.” [Mike, commenting on Comment of the Day: Still Waiting To See How Houston Is Going To Turn Out] Illustration: Lulu
COMMENT OF THE DAY: THE REAL HOUSTON IS OUTSIDE THOSE TINY URBAN ISLANDS 
“Urban enthusiasts live in a bubble. I don’t care where they are. The reality is that the VAST majority of people like getting in a private air conditioned car, driving to an island of shopping or whatever and finding a parking space closest to where they are going without being bothered by street people. Urban enthusiasts are under the delusion that most people want to walk around in sticky moist air and sit at their desk stinking all day from sweat in order to pretend they live in a city that was built before cars were invented so they can live like the people they envy on t.v.
A dense urban environment in the inner city would be a novelty and I’m all for it. Choices are great. Downtown and Midtown are shaping up nicely. The center of Midtown is going to have a very cool buzz going on with all the new infill. The Match, Superblock, Mid-Main development, etc. East side Downtown is going to be a beast and so will Market Square.
But as cool as it may be to have a tiny, tiny, microscopic sliver of New York in the center of this city, it is totally unnecessary. Our booms have proven that. The VAST majority don’t have a problem with strip malls, blue glass or driving cars to get where they want to go. The VAST majority stay in Houston because they WANT to live in a suburban environment. Jobs? There are jobs in other cities. No one stays in Houston long if they really hate it. You can’t argue with success. Builders keep building things the way they do in Houston because it works.
‘Quality’ is subjective. Some people think Miley Cyrus is quality. But you can’t argue with ‘quantity.’ Houston is fascinating to people (even the haters) because whatever it is, unlike many of those true centers of urbanity on the east and west coast, Houston IS NOT stagnant. Even in slower economic times, things happen in Houston and it is fun watching it grow.” [Blue Dog, commenting on Comment of the Day: Still Waiting To See How Houston Is Going To Turn Out] Illustration: Lulu
COMMENT OF THE DAY: STILL WAITING TO SEE HOW HOUSTON IS GOING TO TURN OUT 
“I used to groan and grouch about Houston’s ugly sprawl and wished that the city would be more like its culturally and aesthetically superior East and West Coast brethren. But with all the recent growth, I have come to realize that Houston is really a blank canvas, despite being home to over 6 million people and sprawling out for 30-40 miles in every direction. NY, Boston and San Fran are what they are. They will have to spend more energy just on maintaining quality of life and do not have much of an opportunity to become something new and better. But in Houston, the next ten years will be transformational. While there are never any guarantees in a city that is subject to the boom and bust cycles of the oil industry, I would take living in Houston over any other great US metropolis just for the chance to see the transformation take place.” [Old School, commenting on Comment of the Day: Top Houston Punch Lines] Illustration: Lulu
COMMENT OF THE DAY: TOP HOUSTON PUNCH LINES 
“If an out-of-towner wanted to make fun of Houston, there are a multitude of easier targets than the Rothko Chapel. Just the drive in from the airport on I-45 will give any out-of-towner loads of risible material.” [Robert Boyd, commenting on Sniffing Out the Subtle Secrets of the Rothko Chapel] Illustration: Lulu
COMMENT OF THE DAY: WE’RE NOWHERE NEAR PEAK MONTROSE 
“I don’t think we’re anywhere close to the peak of property values in Montrose. You can still get an older 1,500 square foot townhome in the area for under $250,000. The average price for a bigger (~2,500sf) recent construction townhome is probably around $600,000. Those prices would be laughably low in comparable neighborhoods in most cities. Gentrification doesn’t really stop halfway like that barring a major economic downturn — once the ball starts rolling like this it just keeps going until the whole neighborhood is gleaming and wealthy. If you think Montrose has reached that point yet, you’re wrong. A fully gentrified urban neighborhood doesn’t have horrible apartment complexes like Takara So or vacant lots and skeazy strip centers on its main commercial street. Gentrification isn’t going to stop in Montrose until you can’t get a new townhome for less than a million or an apartment for less than $1,400.” [Christian, commenting on Gibbs Boats on West Gray and Montrose Is Selling Everything Now] Illustration: Lulu
COMMENT OF THE DAY RUNNER-UP: HOW TO POSITION YOUR INNER LOOP INVESTMENT BUSINESS FOR THE COMING DOWNTURN 
“Cody, yeah I agree with you. If this isn’t the top of a market cycle, it’s damn close. If you bought low, now is the time to sell high. And do it without regret because you’ll never go broke by profit-taking. But even more than your Montrose assets, sell the stuff that you’ve got that is further east. In a downturn, there will be a flight to asset quality both on the part of capital markets and tenants. Montrose values will go down, but Greater Third Ward be much more volatile.
Use some of the proceeds to short high-yield bonds, use the remainder to reposition your outfit as an apartment management company. No matter how bad things get, there will always be a need for management companies, and this gives you a way to maintain the continuity of your career and to keep your ear to the ground. Then, in the worst of the down-cycle, while most everybody else is paralyzed and some are distressed sellers, you’ll have cash (hopefully a LOT of cash if that short position plays out for you the way I think that it might), a company, and a resume.
And when my prediction pans out and you’re fantastically successful, don’t forget whose crystal ball made it possible. I might need a job by then.” [TheNiche, commenting on Gibbs Boats on West Gray and Montrose Is Selling Everything Now] Illustration: Lulu
