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Old 03-31-2010, 09:25 AM
 
17 posts, read 31,538 times
Reputation: 25

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A recent report in Forbes magazine offered annually, ranked the world's most expensive cities, with a few locations maintaining their rankings from previous years, and others offering a look at how the world's economy is changing.
With Texas remaining a shining star in the national spotlight, Forbes also ranked the best bargain cities and Austin, Texas was at the top of the list with the lowest unemployment in the country at 5.5%. Second place was Phoenix Arizona simply because the number of empty homes from the housing bust drove down the average home price, and Washington D.C. was ranked 3rd place.
The report cites, "People in Texas should be thanking their lucky stars since not only was Austin number one BUT all of our other major metro markets - Houston, San Antonio, Dallas and Fort Worth were among the top 10 best bargains in the nation."
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Old 03-31-2010, 06:24 PM
 
Location: Houston, TX
8,895 posts, read 19,990,094 times
Reputation: 6372
Quote:
Originally Posted by casanuevaguide View Post
A recent report in Forbes magazine offered annually, ranked the world's most expensive cities, with a few locations maintaining their rankings from previous years, and others offering a look at how the world's economy is changing.
With Texas remaining a shining star in the national spotlight, Forbes also ranked the best bargain cities and Austin, Texas was at the top of the list with the lowest unemployment in the country at 5.5%. Second place was Phoenix Arizona simply because the number of empty homes from the housing bust drove down the average home price, and Washington D.C. was ranked 3rd place.
The report cites, "People in Texas should be thanking their lucky stars since not only was Austin number one BUT all of our other major metro markets - Houston, San Antonio, Dallas and Fort Worth were among the top 10 best bargains in the nation."
ssshhhhh -- it'll get even more crowded.
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Old 03-31-2010, 08:17 PM
 
Location: Upper East Side of Texas
12,498 posts, read 26,979,445 times
Reputation: 4890
This is good & not good news because we're adding more people to the population, yet we're being over run with the trendy type individuals that like to city hop from in city to in city or just come here for work & could give a damn about Houston itself.
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Old 03-31-2010, 09:22 PM
 
Location: The land of sugar... previously Houston and Austin
5,429 posts, read 14,836,889 times
Reputation: 3672
Quote:
Originally Posted by Metro Matt View Post
This is good & not good news because we're adding more people to the population, yet we're being overrun with the trendy type individuals that like to city hop from in city to in city
No, I think all of those types are in Austin.
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Old 03-31-2010, 09:45 PM
JL
 
8,522 posts, read 14,528,733 times
Reputation: 7936
Oh no!! My commute to work is just gonna be more and more a pain! Lets hope the moderator deletes this thread!!
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Old 03-31-2010, 10:12 PM
 
Location: Tricity, PL
61,647 posts, read 87,001,838 times
Reputation: 131594
Quote:
Originally Posted by casanuevaguide View Post
A recent report in Forbes magazine offered annually, ranked the world's most expensive cities, with a few locations maintaining their rankings from previous years, and others offering a look at how the world's economy is changing.
With Texas remaining a shining star in the national spotlight, Forbes also ranked the best bargain cities and Austin, Texas was at the top of the list with the lowest unemployment in the country at 5.5%. Second place was Phoenix Arizona simply because the number of empty homes from the housing bust drove down the average home price, and Washington D.C. was ranked 3rd place.
The report cites, "People in Texas should be thanking their lucky stars since not only was Austin number one BUT all of our other major metro markets - Houston, San Antonio, Dallas and Fort Worth were among the top 10 best bargains in the nation."
I don't understand your relation between world's most expensive cities and US best bargains...
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Old 03-31-2010, 10:36 PM
 
Location: Upper East Side of Texas
12,498 posts, read 26,979,445 times
Reputation: 4890
Quote:
Originally Posted by AK123 View Post
No, I think all of those types are in Austin.
Oh trust me, they're just as prevalent in Dallas & Houston. Austin just seems to get the brunt of them.
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Old 03-31-2010, 11:08 PM
 
Location: Las Vegas
3,631 posts, read 7,666,242 times
Reputation: 4373
Quote:
Originally Posted by Metro Matt View Post
This is good & not good news because we're adding more people to the population, yet we're being over run with the trendy type individuals that like to city hop from in city to in city or just come here for work & could give a damn about Houston itself.
Agreed...I do have to admit though when I come across those types I try to steer them towards Austin because I think that is where they would most likely be happy (in Tx).
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Old 04-01-2010, 08:37 AM
 
1,474 posts, read 4,995,303 times
Reputation: 557
like 99cents store "bargain"
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Old 04-01-2010, 09:43 AM
hsw
 
2,144 posts, read 7,160,089 times
Reputation: 1540
Real measures of economic power are no. of valuable corporate HQs in region and nos. of high-income jobs moving into or being created in region, esp on a per capita basis

By those metrics, SiliconValley, Dallas and Houston are most economically efficient regions in world today

And, today, most of world's most valuable cos. are based in modest suburban office campuses nr suburbs where workers reside (like SiliconValley or Irving or Galleria/EC)

In era of mobile computing and globalization, easy for any profitable companies to move high-income jobs to wherever is most efficient: low taxes, low costs...and close to suburbs where execs prefer to live

And air conditioning, cars and Net/Berries, etc make old notions of location of jobs in ancient downtown skyscrapers the stuff of Luddites who also ride silly trains to economic nowhere
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