Surviving the downturn in Houston

AP:
Once wedded to oil, Houston economy carries on despite bust
The economy is more diversified now.  The Texas Medical Center in Houston is a city unto itself.  There are also tech jobs now.

The decline in the 1980's was a double whammy, because of the 1986 tax act which impacted investments in real estate at the same time the price of oil was dropping.

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