‘Wall Street to Y’all Street’, Texas grows

[gfh77665]

https://www.foxbusiness.com/real-es...ealthy-trades-city-luxury-acres-texas-freedom

Yes I know there are secondary and tertiary effects with this. I don't want to deep dive in to politics, etc. though. Just commenting "real estate wise" about this, since there are so many real estate threads constantly popping up. I think this is noteworthy. It seems like people with resources, mainly, move to TX.

 

[edyvw]

https://www.foxbusiness.com/real-es...ealthy-trades-city-luxury-acres-texas-freedom

Yes I know there are secondary and tertiary effects with this. I don't want to deep dive in to politics, etc. though. Just commenting "real estate wise" about this, since there are so many real estate threads constantly popping up. I think this is noteworthy. It seems like people with resources, mainly, move to TX.

Yeah. It would be interesting to check how many other homes they have and what effective time they spend in TX compared to their second, third, fourth, etc. homes.

 

[Dave Hess]

Texas still growing and future looks bright.

 

[PandaBear]

It depends on what you are doing this for. People buying in Texas has a different priority than people buying in say, SF Bay Area or Manhattan.

Land is relatively plentiful so it is much much easier to just live but, don't expect the home to appreciate like those in area with a bay (restricting availability) or mountains (restrict availability), or near much higher paying jobs, 30 years down the road.

 

[ProbeGT]

Yeah. It would be interesting to check how many other homes they have and what effective time they spend in TX compared to their second, third, fourth, etc. homes.

I sold my home in NY and now spend 100% time in TX, except vacations. I will never set foot in NY again. The boom here in central TX is showing no signs of slowing. Still seeing unfamiliar cars in my neighborhood with NY, CA, IL plates. A few weeks later they convert to TX plates.

TX and FL are severely underrepresented in Congress. The 10-year census cycle is way too long. It rewards failure. By now TX should have +3 reps and NY -2, but not until 2032 election. According to AI, here are the expected gains and losses of congressional seats after the 2030 census:

TX: +4
FL: +3
CA: -5
NY: -3

 

[alarmguy]

All good ... yeah, I would never go back to NYS either.
Top 3 =
1. Texas
2. Florida
3. North Carolina

Im not sure what the purpose of the statement.
"It seems like people with resources, mainly, move to TX."

 

[mdoan300]

This reminds me of an article I read last year in Texas Monthly: https://apple.news/A0bxUFjTnQpSWd7M7A5FWjQ

“The Fiery Investor Restoring East Texas

Hedge fund wizard Kyle Bass made his name by predicting a housing collapse. Now he’s betting big on a growing market: nature.”
“This latest bet is that other wealthy folks are interested in buying their own stunning slices of East Texas. Bass’s company Conservation Equity Management is acquiring large properties and “uplifting” them. That involves much of what he’s done at Bluebonnet Ranch—like burning off the understory and tearing out hackberries and elms to better allow the more attractive pines, oaks, and maples to thrive. ”





Excerpt From


“The Fiery Investor Restoring East Texas”


Russell Gold


Texas Monthly (June 2025)


https://apple.news/A0bxUFjTnQpSWd7M7A5FWjQ


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