About this document
House Price Risks in Oil States by Houston Chronicle is a document available to read on EtoBox.
The document discusses the risks of declining house prices in oil-producing states due to falling oil prices. It summarizes that in the 1980s, house prices declined significantly in many oil states as oil prices fell steadily for years. However, the current situation differs as state economies are more diversified, the oil price decline has been less severe, and new fracking technologies have made the industry less sensitive to prices. The document projects that most states will see only slower growth, but
- Author
- Houston Chronicle
- Language
- EN