Hurricane Harvey Will Have Lasting Impact on Houston

Hurricane Harvey brought flooding and devastation to Houston, Texas, and the road to recovery will be difficult and expensive.

Before Harvey, Houston’s population of about 2.3 million enjoyed the low housing costs and solid and available jobs. Many people were moving to this new upcoming metropolitan area. It is the fourth largest city in the U.S. and considerably the most the most diverse. It’s made large progress over time, grown in size and a relatively affordable area. That’s changed now. (Forbes)

According to Analysts at Risk Management Solutions, “has found that economic losses caused by wind, storm surge, and inland flooding from Hurricane Harvey could be as high as U.S. $70-90 billion” (RMS). Harveys strong rain and wind also destroyed many cars and trucks due to the high flooding. CNBC claims that about half a million vehicles will be “scraped” (CNBC), which is double the amount in Hurricane Sandy. Auto dealers are expecting a large increase in business. Another market that is expected to rise is home buying and selling. Due to many houses being flooded or destroyed in Harvey there is a sudden housing shortage. (Bloomberg)

Although there was much devastation and damage in Houston, people all over America are reaching out a hand to help. Foundations like American Red Cross, Save the Children, Americares, and Direct Relief have all started. People near and far have donated money, clothes, canned goods, and toiletries to be donated to families and those in need. Flood victims have shelters and many relief services all provided to them. In times like these, Americans come together and support each other.

To donate money or goods you can visit this link, https://www.austinchronicle.com/daily/news/2017-08-30/how-to-help-after-harvey/