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

In: Ten-Gallon Economy

Author

Listed:
  • John V. Duca
  • Michael Weiss
  • Elizabeth Organ

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.

Suggested Citation

  • John V. Duca & Michael Weiss & Elizabeth Organ, 2015. "Texas Real Estate: From the 1980s’ Oil Bust to the Shale Oil Boom," Palgrave Macmillan Books, in: Pia M. Orrenius & Jesús Cañas & Michael Weiss (ed.), Ten-Gallon Economy, chapter 8, pages 109-118, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-53017-2_8
    DOI: 10.1057/9781137530172_8
    as

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