Texas Real Estate: From the 1980s’ Oil Bust to the Shale Oil Boom

John Duca, Michael Weiss and Elizabeth Organ

Chapter 8 in Ten-Gallon Economy, 2015, pp 109-118 from Palgrave Macmillan

Abstract: Abstract Texas’ oil-boom excesses in the 1980s created a residential and commercial real estate overhang that led to the collapse of the state’s banks. A restructured financial sector and renewed employment growth suggest a different outcome when the current shale energy expansion ebbs.

Keywords: Real Estate; House Price; Federal Reserve; Real Estate Market; Housing Demand (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-53017-2_8

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DOI: 10.1057/9781137530172_8

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