August 11, 2002
Football finances

In other news regarding Houston development, this article attempts to quantify the economic impact of the Texans NFL franchise on Houston. It's a good picture of what money is really new to Houston and what is just being transferred from one pocket to another. While the economists quoted are a lot more conservative in their estimate of the benefit to Houston than the average Chamber of Commerce type, it should be noted that research exists which says that the real overall impact is actually a slight negative. I voted for all of the new stadium construction in Houston and I'd do it again, but after reading articles like that, the only arguments I'll make for them will be ones about utility, not growth.

Posted by Charles Kuffner on August 11, 2002 to Elsewhere in Houston