Eagle Ford Shale Impact: Local rent increases by 275 percent

[TexasTowelie]

Rent in Live Oak County increased by 275 percent since 2005. Locals and newcomers alike looking for rental houses, mobile homes and apartments have all seen an increase over the last eight years with houses leading the trend.

“It’s horrible. Last year I helped a young coach who came to town and had to be to work by June 15 with a wife and kids; they ended up paying $1,200 for a two-bedroom, two-bathroom mobile home,” Executive Director Murrell Foster of the Three Rivers Chamber of Commerce said.

“That’s not unusual, I tell people who complain about the rent it is a matter of supply and demand. People can get it, so that is what they charge.”

Foster also said the same is true with hotel rates. He estimated a hotel room in 2005 would go for about $70. According to the Holiday Inn Express’ website, a standard hotel room in George West for a weekday stay now costs $174.42 per night.

More at http://mysoutex.com/view/full_story_landing/22881015/article-Local-rent-increases-by-275-percent?instance=progress_news_lead_story .

[font color=green]It looks like I won't be attending my high school homecoming later this year.

People are living out of tents and RVs in the parks. The number of water connections in Three Rivers is 3,500 while in the last census there were only 2,000 residents.[/font]

[susanr516]

1. It's really bad

The convenience stores along I-37 are paying $14 per hour for help. Unfortunately, no one who lives outside the area can find a place to live, other than the back seat of their cars. Have you considered getting a room in San Antonio? (Or Corpus Christi/Portland if the reunion is after Labor Day.)

[TexasTowelie]

2. I don't know the exact date.

If it held in conjunction with a football game then I wouldn't mind attending. We've had some good football teams in George West lately since we dropped to 2A.

My high school band has also won sweepstakes (marching, concert & sightreading) for the sixth year in a row and is playing some challenging musical pieces. We weren't very good in high school, but back in the 90s they also had a good band--the band director did push the limits though poking fun at the town and selected the theme to "Green Acres" to perform during the halftime show for two years in a row!

I'd probably skip it though if they have the reunion during the spring when the Live Oak county fair. The parade alternated between George West and Three Rivers so in the years that it was held there we would inevitably end up marching behind the horses.