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Lately, Texas has been noted frequently for its superior economic performance. The most recent example is the CNBC ratings, which designated the Lone Star state as the top state for business (http://www.cnbc.com/id/37516043 - broken link) in the nation. Moreover, Texas performed far better than its principal competitor states during the Great Recession as is indicated in our How Texas Averted the Great Recession (http://www.newgeography.com/content/How - broken link) report, authored for Houstonians for Responsible Growth.
PS - Having lived in Florida for 10 years, I'm dying to know what this means:
"However, with strict planning control of land for development in Florida, land prices rose substantially when profligate lending increased demand."
Is that suppose to mean that following Andrew Florida required homes to remain standing after a hurricane and/or that folks could be sold houses in the middle of the Everglades?
PS - Having lived in Florida for 10 years, I'm dying to know what this means:
"However, with strict planning control of land for development in Florida, land prices rose substantially when profligate lending increased demand."
Is that suppose to mean that following Andrew Florida required homes to remain standing after a hurricane and/or that folks could be sold houses in the middle of the Everglades?
maybe... but that cant be all...
I suspect that you have to add to those strict plannning controls, the insane lending that went on in the country that led to the bubble burst..
money was everywhere and that led to near hyper inflation of land prices in a lot of places.
I didnt read the link yet but I can tell you that living here in Texas, we didnt see near the home value inflation that a lot of places saw, and we have not been hit nearly as hard as a result.
I dont know what "experts" have to say but I suspect our result is from taxes tied to land instead of income, that keeps people from buying outsized homes... to some extent and also there is a LOT of land here in Texas to expand to.
Florida is really limited in land to build on in areas where their cities are (everglades and all)
I thought Gov. Perry turned it down. I'd have to double check that though.
I do know he cut back education funding. In 2002 or 03, in looking for any type of job tried education. I was at one of the colleges and mentioned to a library worker the jobs posted on the job board as there were many 'assistant needed' positions. She told me they were still posted there because of the cut backs, there was no funding to fill them.
She also continued the horror stories of those who were once up in finances, but were now ones that she and those like her were assisting with food and shelters.
Oh...and the Dallas food bank was dried up. One last can of beans on their shelf the evening news reported. This avoiding recession topic is interesting to me. Who avoided what?
Lately, Texas has been noted frequently for its superior economic performance. The most recent example is the CNBC ratings, which designated the Lone Star state as the top state for business (http://www.cnbc.com/id/37516043 - broken link) in the nation. Moreover, Texas performed far better than its principal competitor states during the Great Recession as is indicated in our How Texas Averted the Great Recession (http://www.newgeography.com/content/How - broken link) report, authored for Houstonians for Responsible Growth.
As for human beings, Texas was #8 out of 50 in the "percent below poverty level" competition. Behind Kentucky. But ahead of Alabama!
Moderator cut: link removed, linking to competitor sites is not allowed
This is as of 2004, might be a more updated version somewhere.
As for human beings, Texas was #8 out of 50 in the "percent below poverty level" competition. Behind Kentucky. But ahead of Alabama!
Moderator cut: link removed, linking to competitor sites is not allowed
This is as of 2004, might be a more updated version somewhere.
Lately, Texas has been noted frequently for its superior economic performance. The most recent example is the CNBC ratings, which designated the Lone Star state as the top state for business (http://www.cnbc.com/id/37516043 - broken link) in the nation. Moreover, Texas performed far better than its principal competitor states during the Great Recession as is indicated in our How Texas Averted the Great Recession (http://www.newgeography.com/content/How - broken link) report, authored for Houstonians for Responsible Growth.
More illegals than others states, they're low-skilled.It's not the Texas fault
You're bragging along with Texas that "business" in Texas encourages illegal employment to keep competing Texans' wages low. Now you're saying it's not "the Texas" "fault". Whose "fault" is it, then?
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I'd have to double check that though.
