Land being cleared as you turn right towards St Martha's
Land being cleared as you turn right towards St Martha's
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gmankw : Presumably, these companies know the apartment market pretty well, and would only make the investment if they think there is demand and the apartments will fill up...and Houston famously has close to zero zoning laws, so if the company buys the land, they can pretty much do with it whatever they see fit...
gmankw : Presumably, these companies know the apartment market pretty well, and would only make the investment if they think there is demand and the apartments will fill up...and Houston famously has close to zero zoning laws, so if the company buys the land, they can pretty much do with it whatever they see fit...
Joe : Any apartment complex anywhere is going to fill up for the reasons you mentioned before.I still don't see why large swaths of our town need to be cut down to accommodate "because they can."
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I still don't see why large swaths of our town need to be cut down to accommodate "because they can."
gmankw : I think you're just asking the wrong question...there are no zoning laws...whoever owns the property, can do whatever they want with it that is best for them. If what's best for them is building apartments that will have high demand...they will do it... Asking "I don't know why they have to do this super profitable thing with the land they own..." doesn't seem like the right question.
gmankw : I think you're just asking the wrong question...there are no zoning laws...whoever owns the property, can do whatever they want with it that is best for them. If what's best for them is building apartments that will have high demand...they will do it... Asking "I don't know why they have to do this super profitable thing with the land they own..." doesn't seem like the right question.
Joe : It's a perfectly fair question to ask. It's one I asked when Perdue Pharma decided that they could and would flood the country with opioids because "money." This libertarian attitude has led to immeasurable amounts of corruption and decay in across the country. It's also why they recently capped the amount of properties PEs could have in their portfolios.
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gmankw : I mean...you could fight for zoning I guess. Or laws (not sure what law would apply here). Asking, why people don't use property they own, in perfectly legal ways, that are profitable...doesn't seem productive.
goldie : I believe that's exactly what that will be. Father T. J. announced it on the St. Martha fb page a few weeks ago.
Ronstang : "cliff dwellers" - are you referring to apartment residents?? Crap, man, that's pretty ugly, if so. About 15% of the people in Kingwood live in apartments, about 12,000 of them...these are our neighbors, too...I lived in apartments for about 15 years of my life...
Joe : I agree. I am also not a fan of a ton of apartments going in. However young people can not afford homes any longer. This will be the new norm. They don't have much choice. I just hope they keep up with them. The problem with apartments is not always the residents it is often the ownership. 
Jeepinbear
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