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This article mentions "hot cities" including Austin, which not too long ago was just another small eclectic city with steady growth. Once it grew large enough a
by two2two 10y ago
This article mentions "hot cities" including Austin, which not too long ago was just another small eclectic city with steady growth. Once it grew large enough and provided the ingredients to hold it's own, industry wise, against other "hot cities" it became what it is today. Austin was just a little weird city in Texas when I grew up in Dallas, but now it's up there with the big boys. What this tells me is there are many Austin like cities out there waiting to be discovered and grow in a similar way. I believe, in large part, Austin's recent growth and success is attributed to the very problems presented in this article. As long as the economy keeps pushing in this direction, the more of these smaller cities will grow to compete.
- jimlawruk 10y agoI hope are right in that other cities become more competitive. More companies will need to take the plunge and move to the more affordable cities.
- Eric_WVGG 10y ago”What’s the next [favorite hip city]?” is a cliche for a reason.
- Glyptodon 10y agoI'd like to think this. Fingers crossed Tucson is next, but not optimistic.
- larsiusprime 10y agoUntil those cities inevitably become too expensive, too, just like Austin did. (I desperately hope I'm eventually proved wrong) "I asked a passing teamster, for want of something better to say, what land was worth there. He pointed to some cows grazing so far off that they looked like mice, and said, 'I don't know exactly, but there is a man over there who will sell some land for a thousand dollars an acre.' Like a flash it came over me that there was the reason of advancing poverty with advancing wealth. With the growth of population, land grows in value, and the men who work it must pay more for the privilege." -- Henry George
- ScottBurson 10y agoFor anyone unfamiliar with Henry George: http://www.henrygeorge.org/pcontents.htm http://www.henrygeorge.org/pcontents.htm