At the identical time, an unprecedented influx of federal redevelopment funds and insurance coverage monies has led to an unprecedented economic boom. While Woodland and different surrounding communities have been working exhausting lately to diversify their economies, current events in the oil markets have introduced the oil trade in the area to the forefront.

An Unprecedented Increase

In contrast to New Orleans, the greater Galveston space is the greatest source of refined petroleum products, including gasoline and diesel gasoline in the country. So, whereas there was some stumbling within the early months following Katrina in southern Louisiana, this simply isn’t the case this time round in Texas. Its been a boom beginning from the first day after Ike left and nobody is offering any predictions when it will slow down.

Renovating Distressed Properties

With so many homes and apartments damaged and so many employees needing a place to live, rental charges are going by means of the roof, leaving anybody who can get a rental property on line sitting effectively in the black. The result is that buying and restoring distressed properties is now a very profitable venture in Woodland and its outlying areas.

Scarce Living Quarters

However; before you hop in your automobile and race down to Woodland Texas, bear in mind that the slim rental market additionally applies to you once you hit town. What many persons are doing who’ve previous experience with catastrophe areas are doing is arriving with a small travel trailer hooked to the back of their vehicle.