FILE PHOTO: Houses are seen submerged in flood waters caused by Tropical Storm Harvey in Northwest Houston, Texas, U.S. August 30, 2017. REUTERS/Adrees Latif/File Photo
HOUSTON/AUSTIN (Reuters) - It might seem like Houston’s historic flood would make America’s fourth-largest city a less desirable place to live, but it’s going to get more expensive, real estate experts say.
The supply of houses and apartments is expected to drop sharply with tens of thousands of homes destroyed and uncertain prospects for future flood insurance costs.
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