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How is Texas a red herring? http://www.forbes.com/2008/10/10/cities-buck-economy-forbeslife-cx_ab_1010realestate.html http://www.forbes.com/2008/10/10/cities-b
by natrius 17y ago
How is Texas a red herring?
http://www.forbes.com/2008/10/10/cities-buck-economy-forbeslife-cx_ab_1010realestate.html http://www.forbes.com/2008/10/10/cities-buck-economy-forbesl...
Summary: Texas cities are among those with the best employment outlooks, and are among those where median incomes support a higher standard of living.
EDIT: I read your other reply now. There is a spectrum of income to cost of living ratios across the country. We should encourage people who can't afford their current location to move to places with better ratios.
- netcan 17y agoYou are right in general principle. Relocation to places that make more sense in terms of employment prospects & cost of living is rational and probably efficient. We shouldn't be preventing it. However, there is a big difference between moving someplace with better prospects in a planned and controlled way and being driven there by crisis. The latter would most likely see the woman in the article move to a cheaper place within 1-2 hours of here current home. This means she would be disconnected from the people she knows and less likely to find employment for both psychological reasons like disempowerment (many of the individual reasons for unemployment are here) and practical reasons (jobs often come from people you know). It is the difference between losing your old life and "ending up" somewhere & going somewhere where the prospects are good.