Things that make you go hmmmm….

Apartment complexes, restaurants, retail strip centers are going up at the fastest rate I have ever seen.  Real estate prices and commercial rents are soaring.  I know people are moving into Texas but this seems very abNormal.  The oil industry is in a recession with no end in sight.  It would seem to me all this new contruction will just cannibalize each other.  I understand money is cheap but this new growth is something that makes me go hmmmm…..