U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-06-2012, 01:15 PM
 
186 posts, read 370,296 times
Reputation: 141

Advertisements

Do you see DFW real estate becoming as valueable as Manhattan or Silicon valley as a result of adding residents at a speed of 4ppl/min?
Reply With Quote Quick reply to this message

 
Old 06-06-2012, 01:20 PM
 
Location: plano
6,565 posts, read 8,096,476 times
Reputation: 5797
Quote:
Originally Posted by Falafelosophy View Post
Do you see DFW real estate becoming as valueable as Manhattan or Silicon valley as a result of adding residents at a speed of 4ppl/min?
No, there are no natural barriers here such as there are in those water/mountain side locations. Additionally the artificial barriers of strict rigid zoning isnt here. Finally, DFW is a great place to live and work but not a tourist attraction nor glamourous like the other two spots, although you could argue Silicon Valley's isnt as glamourous as SF however it has the increditly well thought of Stanford University in the valley and so well linked to the incubator of start ups in Silicon Valley.

I for one, hope we dont lose our affordability in the suburbs, as that is part of our job engine.
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 01:57 PM
 
8,310 posts, read 9,069,210 times
Reputation: 6672
Quote:
Originally Posted by Falafelosophy View Post
Do you see DFW real estate becoming as valueable as Manhattan or Silicon valley as a result of adding residents at a speed of 4ppl/min?
Absolutely not. We have few of the natural restrictions to growth. More or less none of the man made impediments and Dallas in particular as a big city is not very dense now.

Ha! I see Johnhw2 beat me to the punch.
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 02:10 PM
 
2,315 posts, read 4,052,540 times
Reputation: 1527
As much as natural restrictions can inhibit growth, availability of natural resources can enhance it..The entire Northeast is so very blessed with (clean beautiful) water, something Texas has a problem with, and will continue to be challenged by.

You can add this to the list of reasons why it won't ever be like the areas you are comparing it to. Will never happen, and it's not necessarily a bad thing either.
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 02:29 PM
 
186 posts, read 370,296 times
Reputation: 141
I agree and that's one of the main reasons I rent here and invest in NY. Do you see Dallas & inner core suburbs becoming more expensive compared to the middle core older suburbs or outer/farther core newer suburbs?
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 03:19 PM
 
3,944 posts, read 4,037,693 times
Reputation: 4395
Quote:
Do you see Dallas & inner core suburbs becoming more expensive compared to the middle core older suburbs or outer/farther core newer suburbs?
No because the highways are too spacious and well designed, with the exception of unique areas in the inner ring, where 'unique' means views, water, proximity to existing wealthy areas, proximity to DART 20 years in the future, etc. Your average neighborhood will stay constant or decline unless gas becomes $8 a gallon.
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 03:37 PM
 
186 posts, read 370,296 times
Reputation: 141
If we go for current values than good central areas are already doing better. One can't find similar property in HP/Southlake/West Plano/PH for similar price that he would pay for it in Allen or Lucas. Gas prices are still way below $8. Is this trend going to stay or change?
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 03:39 PM
 
766 posts, read 1,362,242 times
Reputation: 561
Part of the allure of DFW is that major companies are located "in the suburbs" - Plano, Arlington, etc. Not everyone is trying to commute to a central location (ala NYC, DC) for the most part. (Which is why the first question on this board is always Where's the Job.) As long as companies (with support/incentives from cities) set up shop in once far flung locations such as Plano, Allen, McKinney, etc. there will never be the concentration of 'desired' housing seen in other metropolian areas. It's amazing to me that just down the street from AT&T's corportate HQ (literally 3 blocks) is pretty run down. There's a reason companies aren't setting up shop downtown. (I honestly don't know what it is...)
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 04:24 PM
 
Location: DFW
219 posts, read 543,903 times
Reputation: 162
Quote:
Originally Posted by Johnhw2 View Post
No, there are no natural barriers here such as there are in those water/mountain side locations. Additionally the artificial barriers of strict rigid zoning isnt here. Finally, DFW is a great place to live and work but not a tourist attraction nor glamourous like the other two spots, although you could argue Silicon Valley's isnt as glamourous as SF however it has the increditly well thought of Stanford University in the valley and so well linked to the incubator of start ups in Silicon Valley.

I for one, hope we dont lose our affordability in the suburbs, as that is part of our job engine.
One other thing is that Dallas doesn't have one industry that generates a lot of wealth for a select few to the exclusion of most others the way tech drives up costs in San Fran and finance does in New York. The industries in Dallas tend to distribute their gains more broadly.

Also, particularly in New York, there are a lot of rich foreigners (Russian, European, Chinese, Arab, etc.) that buy apartments and use them for the two weeks of the year they come to New York. Plus in Dallas you have a lot fewer trustafarians living in the apartment mommy and daddy bought them.
Reply With Quote Quick reply to this message
 
Old 06-06-2012, 04:30 PM
 
8,310 posts, read 9,069,210 times
Reputation: 6672
Quote:
Originally Posted by Falafelosophy View Post
I agree and that's one of the main reasons I rent here and invest in NY. Do you see Dallas & inner core suburbs becoming more expensive compared to the middle core older suburbs or outer/farther core newer suburbs?
That's already the case generally.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top