Are you looking for a city that will protect you from the ill effects of a recession? Well check out these cities. According to Forbes they stand the best chance of weathering the recession.
Austin, Texas heads the list. A hot spot for successful Californians fleeing the high cost, high tax state, Austin is benefiting from the high talent heading to the city. The Fayetteville, Arkansas region is second on the list. Having WalMart in your backyard in nearby Bentonville is probably the greatest hedge you can have against a recession.
Here is the complete list of;
Top 10 Cities For Beating the Recession
- Austin-Roundrock, Texas
- Fayetteville-Springdale-Rogers, Arkansas.
- Boulder, Colorado
- Huntsville, Alabama
- San Antonio, Texas
- Mobile, Alabama
- Dallas-Fort Worth-Arlington, Texas
- Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va.
- McAllen-Edinburg-Mission, Texas
- Seattle-Tacoma-Bellevue, Washington
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The Washington DC area, where I'm a real estate broker, is a great place for beating the recession: the Federal government always spends.
Its amazing how well Texas is weathering the storm and the McAllen Mission area is in for another boost to their growth when this new bridge to mexico is finally completed. There are over 8 bridges and every morning each one is packed with traffic going both ways. Its awesome for industry in the area.
the Economic Recession has been pretty hard on us. some of my friends lost their job because of the massive job cuts. i just hope that our economy becomes better in the following years.
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