For Krishnan Iyer, moving downtown meant a lot of things: Not having to use his car in auto-dependent Houston, being able to walk to work, to restaurants, to the movies.
The 34-year-old consultant left The Woodlands two years ago for a one-bedroom apartment in the Post Rice Lofts at Main and Texas and hasn’t looked back. Iyer expects many others to follow him in the coming years.
“I think for sure the rising oil prices will have an effect on people moving inward to a place near where they work, and there is a trend of renting among younger people rather than buying,” Iyer said. “There’s going to be demand to live here. It’s not going down.”
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