Texas: Crime is soaring, mass shootings are a weekly occurrence, office buildings are empty, people are being laid-off in droves, heat and pollution are stiffling, airlines are cutting flights to Austin, those able to leave the state are moving out, and the weather sucks.
Looking at cities as a whole, not just the downtown, Houston, TX has the highest vacancy rate of 19% while San Francisco is just 16%. Conservative media ballyhoos Austin’s boom, but the office vacancy rate of over 18% for Austin is higher than that of San Francisco. People are leaving Austin, TX as its middling tech scene deteriorates. Even Austin’s chapter of Techstars is gone. And Houston is one of the most violent cities in the USA, but San Francisco is nowhere near the top. The high vacancy rate of 31% in Dallas’ central business district is the same rate as in San Francisco’s downtown area. And with shoplifting up by 73% in Dallas, the doomloop of Texas continues. The same goes for Miami, as many of the tech companies there move to California, or go bankrupt and their founders go to jail for fraud, most of the empty buildings there are condos built through money laundering by foreigners. It’s not a tech scene in Miami, it’s a crime scene. In San Francisco, including downtown, tech is flourishing once again. Over in the Mission Rock area of SF, new companies are sprouting and the financial giant, VISA, just opened its new world headquarters.
Meanwhile, according to a recent study by moveBuddah, a moving and storage service provider, California dominated their top 25 list of fastest-growing wealthy suburbs in the country. And for the best quality of life, including for mid- and low-income residents, head to San Jose, California in the Silicon Valley. Over in Austin, TX, the city has the 5th largest rate of people moving out and the 5th highest number of people being laid-off. Further, Dan Patrick, Lt. Governor of Texas, says Austin is one of the most dangerous cities in the country, and worsening.
I’m glad I left Texas and moved to California.
Stem Cells, Health, Technology 