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Flee Texas As Soon As Possible - 24/7 Wall St.

  

Category:  News & Politics

Via:  jbb  •  last year  •  10 comments

Flee Texas As Soon As Possible - 24/7 Wall St.
Texas, the second-largest state with nearly 30 million residents, has experienced rapid growth for the past two decades. Its major cities, including Houston and Dallas, have consistently ranked among the largest in the U.S. for over 30 years, with San Antonio and Austin now joining the ranks. However, despite its previous allure, Texas has lost […]

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Douglas A. McIntyre 1 day ago

Texas, the second-largest state with nearly 30 million residents, has experienced rapid growth for the past two decades. Its major cities, including Houston and Dallas, have consistently ranked among the largest in the U.S. for over 30 years, with San Antonio and Austin now joining the ranks. However, despite its previous allure, Texas has lost some of its advantages and was recently dubbed the worst state to live in, prompting many residents to consider moving elsewhere. (These are America's fastest-growing big cities.)
People may want to leave because of increased crowding in the largest cities and an environment that has made them barely habitable in the hottest times of the year. Austin had a population of 1.2 million in 2000. That figure rose to 2.3 million in 2020, according to the Census. Austin's infrastructure has been overwhelmed. A reporter for The New Yorker recently wrote, "Austin is now characterized by stifling traffic and unaffordable restaurants." Home prices in Austin have skyrocketed and become among the country's most expensive.

Another challenge Texas presents is that the summer temperatures can rise above 100 F for several days in a row. NBC recently reported, "Blistering triple-digit temperatures across Texas this week have the state rivaling the hottest locations on the planet, including the Sahara Desert and parts of the Persian Gulf." Due to global warming, this will not get better and may get much worse. (These are the worst cities to live in as climate change gets worse.)

Get Our Free Investment Newsletter I have read, and agree to the Terms of Use Recently, USAToday ranked Texas as the worst state to live in. Among the reasons the newspaper gave were crime rates, the quality of the environment, the healthcare system, whether people had access to good childcare, and "inclusiveness in state laws such as reproductive rights, protections against discrimination and voting rights.'

CNBC recently named Texas the worst place to work and live in. Among the reasons, the analysis said, were healthcare and crime.

The migration to Texas could soon move to an exodus. And there are powerful reasons people should get out now.

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Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you're an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.


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JBB
Professor Principal
1  seeder  JBB    last year

original

 
 
 
GregTx
Professor Guide
2  GregTx    last year

Why would you want people to flee from Texas? It's fixing to turn blue right?... or purple.. maybe 

 
 
 
JohnRussell
Professor Principal
3  JohnRussell    last year

The city of Austin does not have 2.3 million people. That is the figure for the metro area.  The city itself has a little less than a million people.

 
 
 
Right Down the Center
Masters Guide
4  Right Down the Center    last year

"However, despite its previous allure, Texas has lost some of its advantages and was recently dubbed the worst state to live in, prompting many residents to consider moving elsewhere. "

Liberals and illegals move in and it is getting too crowded for everyone else. 

 
 
 
GregTx
Professor Guide
4.1  GregTx  replied to  Right Down the Center @4    last year
However, despite its previous allure, Texas has lost some of its advantages and was recently dubbed the worst state to live in, prompting many residents to consider moving elsewhere. "

That's just funny right there....

 
 
 
Right Down the Center
Masters Guide
4.1.1  Right Down the Center  replied to  GregTx @4.1    last year

As are most of the things USA today used as criteria.  Yet people keep flocking there from states like California.  I guess they didn't read this article/add for financial planning.

 
 
 
Sean Treacy
Professor Principal
5  Sean Treacy    last year

24/7 Wall Street…

lol.  

 
 
 
Kavika
Professor Principal
6  Kavika     last year

As states experience rapid growth they all start to have cracks in the veneer. California was the fastest growing state for decades but finally the growth got to be too much and same will happen to Texas and Florida. Having lived in all three states I saw it happen and it's happening right now in Florida, Texas is no different. 

Back in the day when CA had a population of around 16/17 million when I left the population was close to 40 million.

 
 
 
GregTx
Professor Guide
6.1  GregTx  replied to  Kavika @6    last year
Texas is no different. 

Nah, Texas is different...just ask Devangelical.

 
 
 
bbl-1
Professor Quiet
7  bbl-1    last year

Nothing wrong with Texas.  As a state, the government is literally owned by a handful of billionaires.  The state is corrupt and does not serve the citizenry as well as it could.  The state government has also been on a binge of revenge and cruelty through legislation for no reason.  There are opportunities to change this course but redistricting has made this very difficult.

 
 

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