Can the Houston real estate market maintain its competitive edge if there is a union of janitors?
A. Yes. Houston office space rental rates are about $8 per square foot less than the going rates in Los Angeles and Chicago. Building owners can afford a slight increase in cleaning costs. There are many reasons why Houston office market is an attractive market for businesses, including a low cost of living, low taxes, and top-notch health facilities. Most people recognize that a strong economy is one that can provide good, stable jobs with employer-paid health care.
