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Neither. I would say it is largely that they missed the housing bubble. The did their oil bubble in the 1980s or so, and so had plenty of housing.
I don't think it is hispanics. Plenty of them in New Mexico, Arizona, and California, which have divergent politics, but are all the in the crapper economically.
Last edited by Fiddlehead; 07-11-2011 at 09:50 PM..
[quote=Tom Lennox 70;19977389]Notice that thte areas of Texas booming are DFW, Houston, etc.....not the Mexican border areas like Laredo, El Paso, etc.
Notice that thte areas of Texas booming are DFW, Houston, etc.....not the Mexican border areas like Laredo, El Paso, etc.
Clearly not people with attitudes like this one.
I say it's the low cost of living and job opportunity. I work for a very large international corporation in an office in the DFW area. I probably make the same amount as my counterparts in Boston but can by a house here for just a portion of the price. I am surrounded by transplants at work though, which seems to be common with certain jobs. I've been told that it is hard to find good candidates for certain jobs here and many people relocate for the opportunity and low cost of living.
I would say, the success of Texas mainly has to do with a low cost-of-living, which also helps keep down business costs and taxes. Also, large quantities of oil in Texas helped to keep the economy afloat during the recession, as well as the government receiving large sums of money from the 3% tax placed on all oil refined in Texas.
Texas also largely avoided the housing bubble, which had nothing to do with the Texas government btw. It was from a combination of things. Like the relative abundance of cheap land, a lack of gentrification efforts in its major cities, the extreme poverty that exists in much of the state, and the fact that Texas is not exactly the most desirable state for relocation by anyone with money who doesn't have to live there.
Does the existence of Mexicans in Texas play a role in Texas' success? Yes, the cheap labor helps keep down cost of living, which makes Texas businesses more competitive. The existence of Mexicans also helps keep real estate values depressed. Firstly, most people don't want to live by them. Secondly, the illegal-immigrants aren't protected citizens, so they weren't eligible for loans they couldn't afford, nor were they eligible to receive any other government benefits that may have unintentionally helped prop up the housing market.
The Republicans hardly played any role in Texas' relative success. About the only credit you could give them, is that their small-government policies and their fierce opposition to handing out benefits to illegal immigrants, helped keep the housing market depressed and labor prices down. But I highly doubt it was intended for that purpose.
You could certainly argue that the existence of large numbers of illegal Mexican immigrants have helped spur Texas' economic growth. But who wants to live there anyway? At least 80% of Dallas is a total ****hole, the only decent places to live are on the north side of Dallas, and unless you can afford to live in University park, you probably have a 30-40 minute commute to work every day.
San Antonio is nothing but Mexicans and military. Houston is a sprawling nightmare of gated communities and oil refineries.
The only people who live in Texas, are either the poor or the rich. There isn't much room for the middle-class.
I would say, the success of Texas mainly has to do with a low cost-of-living, which also helps keep down business costs and taxes. Also, large quantities of oil in Texas helped to keep the economy afloat during the recession, as well as the government receiving large sums of money from the 3% tax placed on all oil refined in Texas.
Texas also largely avoided the housing bubble, which had nothing to do with the Texas government btw. It was from a combination of things. Like the relative abundance of cheap land, a lack of gentrification efforts in its major cities, the extreme poverty that exists in much of the state, and the fact that Texas is not exactly the most desirable state for relocation by anyone with money who doesn't have to live there.
Does the existence of Mexicans in Texas play a role in Texas' success? Yes, the cheap labor helps keep down cost of living, which makes Texas businesses more competitive. The existence of Mexicans also helps keep real estate values depressed. Firstly, most people don't want to live by them. Secondly, the illegal-immigrants aren't protected citizens, so they weren't eligible for loans they couldn't afford, nor were they eligible to receive any other government benefits that may have unintentionally helped prop up the housing market.
The Republicans hardly played any role in Texas' relative success. About the only credit you could give them, is that their small-government policies and their fierce opposition to handing out benefits to illegal immigrants, helped keep the housing market depressed and labor prices down. But I highly doubt it was intended for that purpose.
You could certainly argue that the existence of large numbers of illegal Mexican immigrants have helped spur Texas' economic growth. But who wants to live there anyway? At least 80% of Dallas is a total ****hole, the only decent places to live are on the north side of Dallas, and unless you can afford to live in University park, you probably have a 30-40 minute commute to work every day.
San Antonio is nothing but Mexicans and military. Houston is a sprawling nightmare of gated communities and oil refineries.
The only people who live in Texas, are either the poor or the rich. There isn't much room for the middle-class.
not true bud....what area of Texas do you live in?
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