Comments by "Echo Sierra" (@SignalCorps1) on "Real Estate: The Three-Headed Dragon Plaguing NYC || Peter Zeihan" video.
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@Group.B mate, you might have lived in Texas, but its clear that you’re not up to speed on the current economics or long term outlook. Yes, property prices have surged in Texas, particularly in Austin and Dallas, and yes prices will pull back over the next few years in those markets, but long term Texas is nothing like NY or NYC. Texas will overtake CA as the most populated stated by 2040. It is very well balanced between energy, agriculture, high-tech, manufacturing, and financial services. Texas is also managed much better than NY or NYC. Texas is also one of the youngest states in the union and doesn’t have the massive demographic problem that NY/NYC does
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