You are here

Mansion sales and discount dining: oil rout hits Houston's rich

BT_20160226_HOUSTON26_2136752.jpg
The unfinished home of former oil executive Kolja Rockov in Houston, Texas. Listings show the property was put on the market for US$6.9m. Mr Rockov lost his job as Linn Energy's CFO in August.

Houston

PRICES for mansions in Houston's swankiest neighbourhood have tumbled in lock step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their jobs in the oil bust. A fancy restaurant offers cut-price dinners.

Twenty months into the worst

sentifi.com

Market voices on:

Powered by GET.comGetCom