On Bauer Business Focus — A conversation on what’s driving people to move to Houston with Andrew Schneider, business reporter for KUHF 88.7 FM.
The American Moving and Storage Association recently ranked Houston the No. 3 most popular moving destination, a designation that brings many opportunities for the city, according to John Walsh, director of the Graduate Real Estate Program at the C. T. Bauer College of Business.
He visited Bauer Business Focus recently to discuss the factors that are helping Houston a prime choice for people looking to relocate.
“The choices of where you would live relate primarily to what kind of employment opportunities there are,” Walsh said. “Houston has historically been an open society that’s welcoming but more importantly, we continue to stand out in employment opportunities.”
While employment opportunities play an integral role in moving popularity, Houston’s low cost of housing is also a factor, he added.
“The city’s popularity as a destination is also tied to the cost of housing. We’re a relatively unregulated marketplace as compared to most other cities in metropolitan areas so our cost of housing is about half of what it is in regulated marketplaces, so you get a lot more residential opportunities here for less money than you do in other places.”
Click here to hear the full interview.