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[QUOTE=likwid;955371]Thats funny, I just looked through Fort Bend County (trulia etc) and nothing over a million is moving.
Lots of wishing, not alot of selling.
I can throw a rock and hit million dollar homes and wave to million dollar incomes, whats your point?
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my point is that its not "cheap labor" driving growth in these areas. If it was, the median income would not be so high in most of these areas that are growing. Its a silly science called economics. Whats driving growth is
- good business climate which includes low state taxes, and qualified resources (pools of college grads - where its growing)
- quality of life - good commutes, better weather
- good schools, infrastructure
while I agree with you that companies dont care about your quality of life, the quality of life of an area is what attracts talented people. Its not about only money. people want work/life balance and most cities cannot offer that.
My wife and I rarely had commutes under an hour, and not we commute 10 minutes and live in an affluent area I could not afford to live in on the east coast. My kids public schools are mind blowing, all the latest technology and built in the last few yrs. Educational rankings are exceptional.
you serioulsy must be blind if you dont see talented people fleeing the northeast. In my old neighborhood in MA alone, 4 familes recently moved to other states for better jobs.
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