economy

  Economic busts role through the centuries debilitating states along with them. The Roman Empire of Emperor Severus in the third century collapsed in no small part due to economic depression. The United States has experiences several busts from its inception to the 2008 financial meltdown.  Speculation drives bubbles or financial fevers -- until the bottom falls out.

Ryan Poppe / TPR News

Tesla's model S has been called the best car built in the United States by Motor Trend, Consumer Reports and others, but you can't buy a Tesla in Texas. 

Eileen Pace / TPR News

San Antonio’s housing industry is continuing to be a seller’s market due to a slight shortage in available homes.

San Antonio’s housing inventory remained low in February, with about 4.2 months worth of available homes remaining. Anytime that falls below 6 months it constitutes a seller’s market.

Missy Stagers, chairperson of SABOR, says the shift in the market is a reverse from previous years

“Back after the boom of 2006, 2007 and the [following] foreclosure market, we had a larger supply of houses than we actually had for demand,” Stagers said.

heatheronhertravels.com

The city has been unhappy with the amount of foot-traffic the historic area gets and multiple studies have been done to try and address shortcomings. City council will be discussing the request for proposals that the Department for Culture & Creative Development has devised to encourage more visitors. 

Ryan Poppe / TPR News

Despite some setbacks last legislative session, state Rep. Jason Villalba, R-Dallas, is hoping to persuade the owner of Tesla Motors to come to Texas for another business endeavor. While it might not be as sexy as being able to sell the luxury electric car, people need batteries to make them run.

Last legislative session, Tesla Motors owner Elon Musk was regularly seen around the state capitol trying to convince state lawmakers and the Texas Automotive Dealers Association to allow him to sell his $90,000 electric cars in Texas.

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