Why doesn’t Houston attract as many Calif businesses as Dallas? (San Antonio: live, mold)

[ParaguaneroSwag]

I have a feeling people are going to start calling it the ion district naturally. It’ll wind up having the same fate as the Galleria Districk being synonymous with uptown. Or Astrodome being anonymous with nRG park

[shanv3]

Originally Posted by EDS_

Negative.

Ten years ago $125,000 in salary had roughly, roughly as in +/- 1.5 or 2%, the same buying power as $145,500 today.


This is one of the best inflation metrics ever developed. You may want to save the link.

https://www.dallasfed.org/research/pce


Here is a way to compare $ values over time. You may want to save this one too.

https://www.usinflationcalculator.com


Not to be cruel but your posts pertaining to economics are flights of fancy just about every time. Why post something that you must know is false and is so easy to disprove?

Wat kerrtown said waspractically correct. Economists say wat suits them. Millions affected , thousands dead and jobless, yet elon musk could add 100 billion in a year. If economics is based in speculation , tgen your numbers may be right.

You are middle class if you make 125k or lower (Which is roughly 4000 net every other week.)- because tge definition or range of high income is increasing or exploding.

With cheap dollar and unlimitd funding, and absurd valuations the speculation bubble is bigger than all bubbles we saw

[RMESMH]

Originally Posted by LocalPlanner

The problem is any negative publicity tends to "stick" to Houston more so than Florida or other metros period. And Irma didn't drown a huge metro. Also the nation became aware of the whole series of major floods that had happened from 2015 onward thanks to Harvey publicity. "See? Proof of Houston's out of control development!"

Maybe I'm conditioned a bit by my time spent in the Bay Area - I never lived in SoCal, just visited several times. But Bay Areans were downright disdainful and even fearful of (Anglo) people anywhere east of Mt. Diablo and west of DC.

I feel bad for you if the bolded has been part of your experience. I would challenge that that experience is the norm, and I’m a 5th generation Bay Area native. The bolded isn’t even true re the most persnickety Bay Areans I know.

And Houston was considered the epitome of everything wrong with the U.S. It was the default stand-in for the description of a place where the quality of life was horrible, attitudes were primitive and evil, and the environment was something to be destroyed.

^^^^^

You’re laying that on a bit too thick, but that’s sort of true.

The association with oil and gas was a huge part of that. DFW wasn't viewed positively at all either (and Dallas' reputation for consumerism and conformity definitely was known), just not as negatively as Houston. Of course Austin was viewed much as you describe. San Antonio was largely unknown except for the Alamo.

^^^^^ Yeah, that’s true....and in some circles the feeling about Dallas goes back to the 1950s.

SoCal folks (viewed quite condescendingly by Bay Areans themselves) may not have as much animus toward Houston and suburban middle America generally. They may just be more likely to prefer their brand of beaches and pleasant weather more than anything.

^^^^^
Yeah, that’s true.
(I also lived in SoCal for 7 years as an adult, and I now live in the Houston metro)

[EDS_]

Originally Posted by shanv3

Wat kerrtown said waspractically correct. Economists say wat suits them. Millions affected , thousands dead and jobless, yet elon musk could add 100 billion in a year. If economics is based in speculation , tgen your numbers may be right.

You are middle class if you make 125k or lower (Which is roughly 4000 net every other week.)- because tge definition or range of high income is increasing or exploding.

With cheap dollar and unlimitd funding, and absurd valuations the speculation bubble is bigger than all bubbles we saw

What kerrtown wrote is total nonsense - the kind of stuff peddled on short wave radio or podcasts produced in someone's mom's basement. I bowed out so as not to kill the tread.

[As Above So Below...]

Originally Posted by EDS_

What kerrtown wrote is total nonsense

It usually is...

[CoogHawk]

Originally Posted by Hopeful for Life

I understand that Austin has the “cool” factor and tech, but DFW is flat and butt ugly. Why can’t we get the biz?

Three words - location, location, location!

DFW is more centrally located and has a bigger airport with more direct flights from key US destinations.

An additional point I have heard from people, and it makes sense, is that DFW is viewed as having a more diverse economy and therefore a workforce more suited for the relocated companies. DFW has major banks, telecoms, tech companies, railroads, retailers, energy companies, auto manufacturers and two global airlines all HQ'd there.

The opinion of Houston outside of TX is that it is all energy all the time. Man, Compaq merging with HP really screwed Houston. Hopefully the relocation of HP to Houston will assist with this.

[ParaguaneroSwag]

Originally Posted by CoogHawk

Three words - location, location, location!

DFW is more centrally located and has a bigger airport with more direct flights from key US destinations.

An additional point I have heard from people, and it makes sense, is that DFW is viewed as having a more diverse economy and therefore a workforce more suited for the relocated companies. DFW has major banks, telecoms, tech companies, railroads, retailers, energy companies, auto manufacturers and two global airlines all HQ'd there.

The opinion of Houston outside of TX is that it is all energy all the time. Man, Compaq merging with HP really screwed Houston. Hopefully the relocation of HP to Houston will assist with this.

NGL. it feels good going from 0 to 2 Fortune 500 tech companies in a span of 2 years. Let's keep them coming!

[shanv3]

Originally Posted by EDS_

What kerrtown wrote is total nonsense - the kind of stuff peddled on short wave radio or podcasts produced in someone's mom's basement. I bowed out so as not to kill the tread.

It is guys like you and those economiccphds ir the politicians who font know whats going on withthe public. If they have commonsense would they borrow endlessly? They only make policies for the wealthy and keep the masses divided so people dont rise against them.

The practical situatuon is majority cant sustain withoutborrowing. And when something goes wrong you guys say its part of boom and bust cycle.

[hbcu]

Dallas has hills at least - lol

[LocalPlanner]

Originally Posted by hbcu

Dallas has hills at least - lol

Well, Cedar Hill does. A little rolling near White Rock Lake too. Otherwise...