SUBSCRIBERS
Hurricane delivers windfall to lucky high-ground owners
Far from declining, prices and rents are expected to rise, given the sudden housing shortage in the city
Add BT as a preferred sourcePublished Sun, Sep 10, 2017 · 09:50 PM
Washington DC
JUST a week after Hurricane Harvey struck Houston, Irma Jalifi was doing something that might sound crazy: writing an offer on a home.
In fact, Ms Jalifi, a real-estate agent with Redfin, put in offers on not one but three Houston houses Tuesday at their asking prices - two at US$1 million and a three-bedroom at US$450,000 - as the new economics of Houston housing began to take hold.
Share with us your feedback on BT's products and services
