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It's common knowledge that the reason to not let all these banks fail is that Americans could panic, and after New Orleans, nobody wants to risk what might occur. Consider NYC and then NO. Two different responses to crisis. The Gov isn't worried about NYC, it's worried about places like Texas. After all even without a crisis this is a crime ridden place. As for the article, Tuscon is a major customs city. Those buses could be for illegals.
Frisco is positioned bad, Plano is not that bad actually. Plano is a major city with major corporations. As long as those corporations provide some type of jobs Plano will still exist.
But can not say the same for the new suburbia.
Are you serious? Do you imagine that people cannot drive from Frisco to Plano, or that Plano is somehow hermetically sealed from the rest of DFW?
Zatires, you know how to use an internet browser to look up factoids. I have a concern (i.e., incredulity) about the interpretations you make from them.
Are you serious? Do you imagine that people cannot drive from Frisco to Plano, or that Plano is somehow hermetically sealed from the rest of DFW?
Zatires, you know how to use an internet browser to look up factoids. I have a concern (i.e., incredulity) about the interpretations you make from them.
I have a residence in Plano, and do know the city fairly well.
Meanwhile as you don't seem to have a clue about economics of cities, i will tell you in a detailed manner.
It does not matter if people can drive from Frisco or not, what matters is the amount of housing and the amount of employment a city has. Plano has ample housing and ample employment. If people who work in Plano actually lived in Plano, the amount of housing will be more than enough for Plano, thus there will be no need for people to move to other cities like Frisco or else.
Are you serious? Do you imagine that people cannot drive from Frisco to Plano, or that Plano is somehow hermetically sealed from the rest of DFW?
Zatires, you know how to use an internet browser to look up factoids. I have a concern (i.e., incredulity) about the interpretations you make from them.
My thoughts exactly. The major headquarters area of Plano is in its northwestern corner, right at the Frisco border. Many Frisco residents I know work at JCPenney, EDS, Countrywide, Dr. Pepper, etc that are right in sight of the Frisco city limits practically. I would say that a majority of Frisco residents are as close if not closer to these major employment centers than are a good portion of Plano residents.
To think that Plano is ok and Frisco not when there is just a line on a map and not a physical boundary between them (other than 121, and last time I checked you could cross that freely) is totally illogical.
To think that Plano is ok and Frisco not when there is just a line on a map and not a physical boundary between them (other than 121, and last time I checked you could cross that freely) is totally illogical.
So you're saying that Plano and Frisco are two peas in a pod? Not at all.
Plano is 90+% built out. Frisco? Maybe 40%. The non-residential tax base of the two cities are drastically different, in Plano's favor. Regardless of where those people at EDS, Dr. Pepper, etc. live, those companies are paying taxes to Plano, not Frisco. It's almost as if Plano's city manager played the original SimCity as a teenager. Residential, Commercial, Industrial - all in balance.
And, to jump in on an earlier post:
Quote:
Originally Posted by Saintmarks
The ISD goes into Plano where a lot of the HQs are, so Frisco ISD has been one of the best funded ISDs in the state.
It's true that a small part of the city of Plano is in the Frisco ISD. However, I pulled the tax records for EDS, Dr. Pepper, and JC Penney HQs. All Plano ISD, not Frisco ISD. Sorry.
So you're saying that Plano and Frisco are two peas in a pod? Not at all.
Plano is 90+% built out. Frisco? Maybe 40%. The non-residential tax base of the two cities are drastically different, in Plano's favor. Regardless of where those people at EDS, Dr. Pepper, etc. live, those companies are paying taxes to Plano, not Frisco. It's almost as if Plano's city manager played the original SimCity as a teenager. Residential, Commercial, Industrial - all in balance.
Very well stated Big G.
I think we should make it mandatory for every student to take college level econ classes, and we should also make them have a year end national test to pass the courses.
People think just because a city has houses that city is well established. Well cities need tax revenue. Who brings the most amount of tax revenue? Companies that have millions and billions of dollar in sales, that also provides jobs, or mcmansions that are ending up in foreclosures? Friscolosure is the new name of Frisco isn't it?
Frisco is still a big corn field in most parts. You can actually see corn growing without even seeding the plant. It grows naturally all around in Frisco If the residents decide to go into corn farming and bring input to the city, then Frisco will be fine. But else it will be one of those doomed cities in a crisis.
No business and corporate tax revenue, not much chance of survival in a crisis.
A very interesting discussion. Being new to the area (just two weeks now), I have found this topic to provide some very interesting insight into the region and what the locals think about various areas. Thanks for that.
I'm thinking I'm gonna endup buying a house in the Allen or North Plano area. so...
To continue on-topic, I didn't see anyone mention the Allen or McKinney areas. What's the general feeling? Will they fair better then say Frisco or The Colony?
Oh and, as for the economy....Don't worry, Obamas on it .
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