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
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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
COMMENT OF THE DAY: ODE TO THE SOUTHEAST LINE CLEARANCE TESTING REGIMEN 
“9:53 pm and I can hear the hollow, electronic train horn from my study window, the sad woot of the empty car. Despite the fact that I cannot ride the Metro train, it runs. Past me on my morning commute, it runs. Stopping traffic for 10 minutes on my way home. Always, it runs.” [crunch, commenting on Why Metro Trains Are Already Rolling Around UH] Illustration: Lulu
COMMENT OF THE DAY: HOUSTON HAS NO TIME FOR THE PAST 
“Houstonians do not look back at the past. They are so intent upon running into the future at break-neck speed that any glance into the past could lead to a disastrous fall. I will have you know that they are running with scissors.” [Bubba, commenting on The Real Estate Secrets Buried Around Market Square] Illustration: Lulu
COMMENT OF THE DAY: BUYERS WILL BE COMING TO SCOOP UP YOUR ENTIRE CONDO COMPLEX 
“I don’t know how it went for Park Memorial, but with these Post Oak Townhomes only some number deemed the majority had to approve it, and the hearsay is that there was a lot of misery and gnashing of teeth by those who did not want to sell.
I am surprised there was not more media chatter about the sale of this complex. To me, it seemed flat out REMARKABLE that you could get even half to agree in a complex of that size. A big story + a harbinger of the future for aging condos.” [Harold Mandell, commenting on The End of the Post Oak Park Townhomes] Illustration: Lulu
COMMENT OF THE DAY: SAMPLING NEIGHBORHOOD GRASSES 
“Next time you’re out walking your neighborhood, try playing ‘guess the grass.’ You may be surprised to find that many of your neighbors have fake grass and you never noticed until taking off your sandals and giving it a good rub down with the bottom of your foot. I find I go out of my way to kick off my shoes and ‘sample’ my neighbors’ grass when it looks a little too manicured and beautiful. I’m always surprised when I touch it and it turns out to be fake – this stuff really does look real.” [Brinn, commenting on Yes, Gotta Give ’Em Credit for All the Fake Grass in the Back Yard] Illustration: Lulu
COMMENT OF THE DAY: FULLY QUALIFIED TO BRING YOU BEER BY TRICYCLE WHILE YOU SHOP 
“I submitted my résumé for the position. As an expedition touring cyclist I think I’m qualified to make a few rounds within 55k sq. ft. toting clanging bottles of beer. Instead of wearing weather resistant gear I think I’ll gladly don tweed knickers and a driving cap to look the part. Here’s to 1mph in the meat section. Wish me luck Houston. I ride with the wind.” [Rider of Rohan., commenting on Galleria Whole Foods Market Opening November 6, Will Include Austin-Import Beer-on-a-Trike] Illustration: Lulu
COMMENT OF THE DAY: MORE THAN READY FOR THE NEXT BIG BOOM DOWNTOWN 
“I cannot wait until they implode the Houston Club Building. Everyone who works in Pennzoil Place is currently on the verge of losing their minds because of the constant jackhammering on the building to prepare it for demolition. We’re happy the end appears to be in sight, but another six weeks of this is going to be tough to handle. I hope the construction workers are well-protected from the noise and dust this project is creating. If we’re going nuts, then I can’t imagine how they must feel.” [Courtney, commenting on Blowing Up the Houston Club; Dismantling a Radioactive Barge in Galveston] Illustration: Lulu
COMMENT OF THE DAY: THE STRANGE ALLURE OF THE SHINY SHINY NEW NEW HOME 
“Houston is a strange place for real estate, where a surprisingly large number of people want ‘new’ homes, not ‘new’ as in less than 10 years old, but ‘new’ as in ‘never lived in, built just for me, uncontaminated by someone else’s use.’ I don’t understand this freakish (to me) thinking, but I’ve heard people express that thought, and it shows in the pricing of ‘slightly used’ houses. To me, a used house is one where the initial and inevitable builder snafus will have been fixed by a previous owner, and there might even be some mature trees.â€Â [GoogleMaster, commenting on A Modern Colquitt Townhome’s Gently Lowering Price Tag] Illustration: Lulu
COMMENT OF THE DAY: WELCOME TO HOUSTON! WHAT WOULD YOU LIKE TO SEE WHILE YOU’RE HERE? 
“Sorry, I think there is a big difference between ‘tourist’ and ‘visitor.’ ‘Tourist’ makes me think of someone on vacation, while ‘visitor’ as someone stopping by on his way to someplace else, or visiting for business and leaving ASAP. Who on earth would see Houston as a tourist destination?” [GlenW, commenting on Dumping Suburban Water Features; Houston’s Growing Tourism Haul] Illustration: Lulu
COMMENT OF THE DAY: POLLUTION CREDITORS 
“It’s good to see that the Feds will help clean up the CES Environmental Services site. I’m of the opinion that bankruptcy law should be revised to require that environmental clean-up be paid for before creditors can be paid. It would help in cases like this, but it would also make lenders push dirty industries to clean up their act. Companies with bad environmental records would feel it in their ability to get credit.” [ZAW, commenting on Predicting Houston Real Estate Hotspots; Drinking Water from Lake Conroe] Illustration: Lulu
COMMENT OF THE DAY: WHAT THE PHOTOS OF THAT REDO YOU’RE BUYING DON’T SHOW 
“The most value in a flipped home is found in the hidden improvements: foundation, insulation, wiring, plumbing, structural integrity, weatherization, HVAC upgrades, etc. However, HAR only shows cosmetic pics and details. I agree with markd — one peek in the attic should tell you more about the value of the transformed house than anything you can glean off of HAR.
Of course, I watch real estate TV shows all the time and see people shopping for homes. Nearly always, the buyers turn up their nose at some real gems because of ‘that paint color‘ in one or two rooms, or the ‘ugly bathroom’ — which could be fixed for under $10k, yet they don’t even ask about the more important mechanical systems or structural issues, which could quickly run up to $100k to fix.” [Superdave, commenting on Going Gray Suddenly at 61, a Braes Terrace Redo Aims for a $698K Flip] Illustration: Lulu
