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Old 12-09-2008, 04:49 AM
 
7,848 posts, read 18,265,202 times
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Quote:
Originally Posted by jcm1986 View Post
Sarcasm? Well, not terribly so. I really thought the Massachusetts, New Hampshire, and upstate New York people joined the ranks of Long Islanders and New Jerseyans in terms of moving south in droves.

As for the other way around, Charlotte is where many of the yankees and Midwesterners are relocating to. Nashville was also on some Yahoo! Top 10 list JUST TODAY for continuing to add jobs and remain strong in the midst of this recession.
Doesn't the map show cities experiencing recession? I'm not sure that has much to do with whether people are moving in or out of the city...it's about the economy, right?
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Old 12-09-2008, 07:03 AM
 
Location: Dorchester
2,602 posts, read 4,318,635 times
Reputation: 1082
Quote:
Originally Posted by DeaconJ View Post
Doesn't the map show cities experiencing recession? I'm not sure that has much to do with whether people are moving in or out of the city...it's about the economy, right?
True.
People leave Boston because of cost, weather, and politics. Not because of the economy.
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Old 12-09-2008, 08:09 AM
 
5,969 posts, read 7,741,043 times
Reputation: 1614
Look and Florida's crap economy.
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Old 12-09-2008, 09:40 AM
 
Location: Near L.A.
4,114 posts, read 9,225,310 times
Reputation: 3346
Quote:
Originally Posted by DeaconJ View Post
Doesn't the map show cities experiencing recession? I'm not sure that has much to do with whether people are moving in or out of the city...it's about the economy, right?
The map is about economy, not moving patterns, you're right.

However, in places where there is a longer-term struggling economy (usually combined with high taxes and COL), people are more likely to create moving patterns, too (not that this map highlights that, but just for the sake of argument.)
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Old 12-09-2008, 09:42 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
32,322 posts, read 55,131,075 times
Reputation: 15392
This is like bragging about home prices a month after foreclosures started. While some places are still untouched by the current economic downturn, it will eventually reach all places in the US to some degree or another.
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Old 12-09-2008, 10:00 AM
 
Location: Hiawatha neighborhood of Minneapolis
240 posts, read 393,584 times
Reputation: 84
Quote:
Originally Posted by 18Montclair View Post
This is like bragging about home prices a month after foreclosures started. While some places are still untouched by the current economic downturn, it will eventually reach all places in the US to some degree or another.
I suspect Texas appears to be doing well because the map was probably assembled from data around a year old. What is the condition now when gas and oil prices have dropped precipitously? Oil is a cornerstone of the Texan economy- there's no way lower oil prices are not giving it a Texas-sized beating.
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Old 12-09-2008, 10:06 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
32,322 posts, read 55,131,075 times
Reputation: 15392
Quote:
Originally Posted by Veridian View Post
I suspect Texas appears to be doing well because the map was probably assembled from data around a year old. What is the condition now when gas and oil prices have dropped precipitously? Oil is a cornerstone of the Texan economy- there's no way lower oil prices are not giving it a Texas-sized beating.
Yup. I don't see the party lasting much longer down there. But I do hope for the best-for all places. This is going to be a rough one.
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Old 12-09-2008, 10:11 AM
 
Location: Omaha
2,716 posts, read 6,213,794 times
Reputation: 1221
Quote:
Originally Posted by Veridian View Post
I suspect Texas appears to be doing well because the map was probably assembled from data around a year old. What is the condition now when gas and oil prices have dropped precipitously? Oil is a cornerstone of the Texan economy- there's no way lower oil prices are not giving it a Texas-sized beating.
Texas is much more diversified these days. Their industries, other than energy, include aerospace engineering, defense development, agriculture, chemicals, healthcare/research, tourism, technology, manufacturing....etc etc.

Many Texas corporations are driven by a necessity type market demand which should prove to be more stable than places like Florida, California, etc.
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Old 12-09-2008, 10:17 AM
 
Location: Underneath the Pecan Tree
15,989 posts, read 30,667,906 times
Reputation: 7280
Damn is everyone this pissed Texas is doing so good. One person congratulates Texas and everyone comes in pretty much wishes bad luck on us. We known there are chances that we could sooner or later be in recession, but right now were not.
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Old 12-09-2008, 10:21 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
32,322 posts, read 55,131,075 times
Reputation: 15392
Quote:
Originally Posted by jluke65780 View Post
Damn is everyone this pissed Texas is doing so good. One person congratulates Texas and everyone comes in pretty much wishes bad luck on us. We known there are chances that we could sooner or later be in recession, but right now were not.
What?
I dont think anyone is wishing bad luck on Texas. We're just a bit sober on the realities of our current economy.
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