They are buying this as an investment, so they don't have to have it.
@Fallon: They are buying this as an investment, so they don't have to have it. and other people are doing the same thing and are part of the reason the assessment values are going up...demand drives prices, lack of demand decreases prices...recently it seems the millennials are entering the housing market as rents have gotten more and more expensive. they may not be the ones buying in kingwood but people moving up to kingwood sell to those entering the market. now when they start building subdivisions further out and in the areas around new caney, the demand for kingwood property may fall as the units coming on the market exceed the demand. then your assessments may fall as houses sell for less and your homes decrease in value but remember that assessments lag the market
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