The End of Cherry Pie Hospitality; Opening Day Set for Katy Asia Town’s H Mart; Houston’s Zombie Trees

Photo of the Clear Lake area: Marc Longoria via Swamplot Flickr Pool


5 Comment

  • “New Houston program helps low and moderate-income buyers afford homes” …. what a great way to destroy any future value appreciation in these neighborhoods, but I guess it is another way to buy votes using taxpayer money

  • @city cynic – you do understand that the COH would never ever provide subsidized housing in a non-crappy neighborhood, right?
    Many taxpayers approve of this type of help for middle class workers. Far better than all the dumb taxpayers who knowingly approve of being ripped off by mortgage interest deductions and the like.

  • Regarding the “Low- and Moderate- Income Buyer” homes article:
    The primary reason for displacement during redevelopment of communities is the ever-increasing appraised value of the home and either (1) owners being unable to afford a tax bill that jumps significantly year-to-year; or (2) renters being unable to afford the higher rent necessary for the owner to cover the increasing tax bill.
    If they are planning to put these homes in neighborhoods that are currently being redeveloped, such as Second Ward or Near Northside, it’s going to ultimately be a pointless endeavor when the new homeowner can’t cover the tax bill in three or four years and has to move anyway.

  • Regarding “zombie trees”- is every Cypress dying or what?

  • @ Joel

    Yes, but the neighborhoods mentioned are already well into gentrification. There are plenty of “crappy neighborhoods” that will never be gentrified but could use the infusion of new building. Besides, Donald (not that one), was correct about the people being forced out, it’s just a matter of time. These presence of these government housing units will just delay it for a few years.