Steve Spillette
CDS Community Development Strategies

This week, the Houston Chronicle published an article about a Municipal Utility District and the dissatisfaction of some homeowners that the MUD might issue bonds, which they believe could raise they property tax rates. The article, in my opinion, was slanted toward an angle that MUDs represent a developer-run local government agency run amok, with little oversight and unchecked taxation power. What this article fails to provide is the overall economic benefit that MUDs provide, and the reason for their existence in the first place. It also doesn’t explain who truly bears the cost of the initial infrastructure – the developers.

Kent Dussair
CDS Community Development Strategies

​Why is the mobile home segment of the housing market so important and yet so maligned by society? The answer is a combination of ignorance, misconceptions, and images from the past where the “trailer trash” notion has been widely portrayed in movies and on television. Realistic vestiges of those images do remain. But today, many mobile home neighborhoods have cleaned up their act, while still providing housing at a very low cost. Without this layer of low cost housing, America would have a much larger number of subsidized renters (or even homeless).  Although monthly rental costs for a mobile home vary by quality of location and park amenities, in most markets a family can have a three-bedrooms, two-bath home with a yard for approximately one-half the cost of living in an apartment. 

Ty Jacobsen
CDS Community Development Strategies

The XXXI (31st) Olympiad is now underway in Rio De Janeiro, and with it come the conversations and debates about the impact of hosting the Olympic Games. Every two years, we see fresh fears about the readiness of the latest host to hold a safe, enjoyable, and profitable Olympics. The cautionary tales of past host cities are brought back up, tales of crippling debt and of expensive new venues now sitting unused in cities such as Montreal, Sarajevo, Athens, and Beijing. The media, former Olympic athletes, and everyday sports fans feel prompted to ask if there is a way to improve the value and mitigate the negative impacts of hosting the Olympic Games. Perhaps some answers can be found by looking back at Houston’s failed bid to host the 2012 Olympics.

Steve Spillette
CDS Community Development Strategies

Houston remains the largest US metro area most economically tied to oil and gas. Houston benefited from those ties from 2011 to 2014, during a period of high oil prices, adding 380,000 jobs. But since then, oil prices have dropped significantly. While nearly all sectors of the area's economy have felt that drop, some have felt it more than others. The apartment market is receiving a noticeable impact. This article originally appeared in the August 2016 issue of Texas Real Estate Business.

J. Kirby Snideman, ACIP
CDS Community Development Strategies

While many demographic trends in America ebb and flow, there are a few that remain constant. One important trend: America is becoming less rural. In the past, both rural and urban areas have grown—urban growth just far surpassed rural growth. Recently, however, non-metro areas in the U.S. have seen the first overall population decrease since these numbers were tracked.

​A look at the Numbers
​In 1900, the U.S. urban population was just over 30 million while the rural population was just shy of 46 million. The split was 39.6% urban and 60.4% rural. By 2010, the urban share increased to 80.7% while the rural share shrank to 19.3%. For some states, like Texas, this reverse was even more drastic, going from 82.9% rural to 15.3% over the same time. 

While the share of rural residents in America has decreased significantly, the number of residents has actually increased… but only slightly. In comparison, the number of residents considered urban has increased exponentially. Put another way, nearly all the growth in this country has been urban.