Dive summary:

• The saying about things being big in Texas evidently applies to the future of the home-building industry because an analysis of population trends done by the Real Estate Center at Texas A&M University concluded that the state will need about 10.5 million new homes over the coming 40 years.
• The study derived the number of houses by using an average of 2.849 people in a household and applying that to an expected influx of 30 million people coming to Texas with companies or looking for job opportunities.
• A lot of those people will be coming to metro areas, and the study predicted the Dallas-Houston region will grow by 163% from its 2010 population, hitting 16.8 million people, and the Houston region will grow by 143%.

From the article:

“This will severely impact the need for new housing and a slew of other goods and services.” ...