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Updated 11 months ago, 01/19/2024

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Carlos Ptriawan#1 Market Trends & Data Contributor
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the trend that company move to Texas

Carlos Ptriawan#1 Market Trends & Data Contributor
Posted

so based on these recent huge tech layoffs in CA, there's structural job changes that due to Fed Interest Rate, tech company can not longer operating in sustainable fashion in CA, so they have to move operation. Either to Texas, to India to Arizona or to Florida. So even company is moving out. This would obviously trigger more out-migration. One biggest S&P company is saying to their employee, either you move to Texas or we give you severance package !

I think the trend is pretty clear for next decade. There is more growth in TX,AZ,OH,WI,FL/India most likely. This is the trend that's very apparent. Texas is good in particular because cost of doing business is "moderate" with ample size of headcount available in the market and practically has no housing issue. What do you see in Texas ?

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