Which is a bigger rivalry Houston vs Dallas OR Fort Worth vs Dallas (Allen: credit, hotels)
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D/FW does have more billionaires than Houston, which makes it ironic because the wealthier neighborhoods are all located in Houston not Dallas. The Woodlands & Sugar Land are also wealthier suburbs than places like Plano.
It is ironic. The fastest growing millionaire population in the US is in Houston which now totals 96,700 (2010) and is 8th in the nation. Houston's millionaires grew by 9.6% in 2010. DFW didn't crack the top ten with number ten going to San Jose at 88,800.
It is ironic. The fastest growing millionaire population in the US is in Houston which now totals 96,700 (2010) and is 8th in the nation. Houston's millionaires grew by 9.6% in 2010. DFW didn't crack the top ten with number ten going to San Jose at 88,800.
Only because Houston has more than Dallas. If houston had more billionaires you would say that IT was a better measuring stick.
FUN FACTS: Thats like saying 5 silver medals are better than 3 gold
How would 5 more billionaires (Dallas) create more demand for better shopping, housing, neighborhoods, etc. as opposed to over 10,000 more millionaires (Houston)?
D/FW does have more billionaires than Houston, which makes it ironic because the wealthier neighborhoods are all located in Houston not Dallas. The Woodlands & Sugar Land are also wealthier suburbs than places like Plano.
Come on, you're not going to pretend like Dallas is anywhere close to competing with Houston in the energy sector, are you? Oil/Energy is booming and is one of the healthiest, if not the healthiest, sectors of our economy. This is why Houston is growing so quickly in millionaires and pulling away from DFW. DFW is not going anywhere, though, and the quality of life is hardly different in either city regardless of the number of billionaires and millionaires. Both Houston and DFW have plenty of the super rich, middle class, and poor. Both economies were lucky to not have been hit as hard as the rest of the country in the economic recession, and both areas are reaping the benefits.
Also, Plano is hardly one of Dallas's wealthiest suburbs. Most of Plano is solidly middle class. It's not really a fair comparison to pit it against The Woodlands, which is all pretty new and expensive if I recall correctly. Southlake/Westlake/Colleyville/Sunnyvale would all be closer comparisons.
Either way, I think the debate is hilarious. I'm going to take a wild guess and say that the people arguing over this stuff the most rabidly are nowhere remotely near the millionaire/billionaire club, and their lives are not affected by these neighborhoods they won't ever afford to live in. I guess if it makes you feel better sitting in your cubicle at your $40,000 a year job fantasizing over which city's 1%ers have it better, more power to you.
Micro & Macro Economics should be a requirement for any student to graduate college. We should also throw in Money & Banking for good measure. Please refer to the posts above for a reason why.
Micro & Macro Economics should be a requirement for any student to graduate college. We should also throw in Money & Banking for good measure. Please refer to the posts above for a reason why.
Spare me. DFW and Houston's growth rates, both in population and economically, have flip flopped over the past century. Houston happens to be growing faster right now. What matters more than the number of millionaires or billionaires is the overall median income. And the discrepancy in median household income between DFW and Houston is roughly a whopping $500. Whoopty-freaking-do.
So considering that pretty much everything from household income, to schools, to shopping, restaurants, arts, culture, etc. is fairly even in both areas or extremely close, I'd love to hear some concrete examples about why just having more millionaires alone is so beneficial to the quality of life for the average person in Houston. Dallas still gets more national retail and restaurant chains before Houston, both high and low end. With all of the millionaires in Houston, why aren't more national companies using Houston as a test market over DFW when moving into Texas? Does Houston have the nicest, richest neighborhoods with all of their millionaires? Then why does DFW have two neighborhoods on Forbes' most affluent neighborhoods list for 2012 and Houston zero?
Last edited by BstYet2Be; 07-25-2012 at 01:17 AM..
Reason: Personal comments/attacks not permitted - attack the ideas but do not attack the speaker of those ideas per TOS
Spare me. DFW and Houston's growth rates, both in population and economically, have flip flopped over the past century. Houston happens to be growing faster right now. What matters more than the number of millionaires or billionaires is the overall median income. And the discrepancy in median household income between DFW and Houston is roughly a whopping $500. Whoopty-freaking-do.
So considering that pretty much everything from household income, to schools, to shopping, restaurants, arts, culture, etc. is fairly even in both areas or extremely close, I'd love to hear some concrete examples about why just having more millionaires alone is so beneficial to the quality of life for the average person in Houston. Dallas still gets more national retail and restaurant chains before Houston, both high and low end. With all of the millionaires in Houston, why aren't more national companies using Houston as a test market over DFW when moving into Texas? Does Houston have the nicest, richest neighborhoods with all of their millionaires? Then why does DFW have two neighborhoods on Forbes' most affluent neighborhoods list for 2012 and Houston zero?
Spare me. DFW and Houston's growth rates, both in population and economically, have flip flopped over the past century. Houston happens to be growing faster right now. What matters more than the number of millionaires or billionaires is the overall median income. And the discrepancy in median household income between DFW and Houston is roughly a whopping $500. Whoopty-freaking-do.
So considering that pretty much everything from household income, to schools, to shopping, restaurants, arts, culture, etc. is fairly even in both areas or extremely close, I'd love to hear some concrete examples about why just having more millionaires alone is so beneficial to the quality of life for the average person in Houston. Dallas still gets more national retail and restaurant chains before Houston, both high and low end. With all of the millionaires in Houston, why aren't more national companies using Houston as a test market over DFW when moving into Texas? Does Houston have the nicest, richest neighborhoods with all of their millionaires? Then why does DFW have two neighborhoods on Forbes' most affluent neighborhoods list for 2012 and Houston zero?
The only reason I brought up millionaires was because Fort Worthian constantly brought up billionaires like it had any significance at all. My point was to clarify that Houston has just as much wealth as Dallas and not how significant a millionaire is to the utility of the average person. This would be a ridiculous argument to make.
Why do certain national restaurant and retail chains choose Dallas before Houston? One word - logistics. I know this might seem unfathomable to someone like you who lacks any in-depth knowledge of the business world but the answer couldn't be more simple. Tell you what - next time you are in your cubicle and you find a little time between stapling papers and licking stamps I challenge you to google the word "logistics" and get ready to have your mind BLOWN!
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Last edited by BstYet2Be; 07-25-2012 at 01:20 AM..
Reason: Personal attacks are not permitted - attack the ideas but do not attack the speaker of those ideas per TOS
The only reason I brought up millionaires was because Fort Worthian constantly brought up billionaires like it had any significance at all. My point was to clarify that Houston has just as much wealth as Dallas and not how significant a millionaire is to the utility of the average person. This would be a ridiculous argument to make.
Why do certain national restaurant and retail chains choose Dallas before Houston? One word - logistics. I know this might seem unfathomable to someone like you who lacks any in-depth knowledge of the business world but the answer couldn't be more simple. Tell you what - next time you are in your cubicle and you find a little time between stapling papers and licking stamps I challenge you to google the word "logistics" and get ready to have your mind BLOWN!
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Moderator cut: no personal attacks allowed per TOS Logistics? Why no Kansas City then if it where about logistics. What major cities are near DFW? Shreveport? OKC? People in the metroplex shop and spend big bucks. It's a sport up here. You would think that a lot of food chains would chose Houston being that it is the fattest city in America. I guess they feel that obese people would be to lazy to get off the couch and shop.
Last edited by Debsi; 07-25-2012 at 01:49 PM..
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