Robert Duncan Discusses Houston's Economy and Real Estate

HOUSTON-The last RealShare Houston conference took place in late 2007. At that time, the subprime market was imploding, dragging along the US economy. As such, much of the discussions taking place at that 2007 conference focused on how Houston would weather the pending crisis.

Among the speakers at the time was Robert Duncan, chairman of Transwestern. As the guest of ALM ‘s Real Estate Media Group’s vice president and group publisher Michael Desiato’s segment “Inside the Mind,” Duncan pointed out that Houston would likely feel the pain of both subprime and credit crunch, noting that the region’s very diverse structure ensured it would “become more vulnerable to outside factors.”