(Replying to PARENT post)
It's worth noting that building housing is cheap in Texas because it relies on illegal labor.
Ref. http://www.npr.org/2013/04/10/176677299/construction-booming... and http://www.npr.org/2013/04/11/176777498/texas-contractors-sa...
๐คKalium๐12y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
It is not only housing, because on this basis alone, other states would win out. I'd say that it is a big factor though when the other items mentioned are in place.
๐คfchief๐12y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
In most coastal cities, by contrast, building housing is exceedingly expensive and sometimes verges on impossible (http://www.slate.com/articles/business/moneybox/2012/05/face...). So when demand rises, prices rise too, and existing residents see the purchasing power of their salaries erode because much of those salaries have to go to housing costs. In Texas, when demand for housing rises so does supply.