America's 15 Most Recession-Resistant Cities

Questions on how we spend our money and our time - consumer goods and services, home and vehicle, leisure and recreational activities
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mlebuf
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Location: Paradise Valley, Arizona

America's 15 Most Recession-Resistant Cities

Post by mlebuf » Wed Jun 24, 2009 2:22 pm

Notice that 7 of them are either in Texas or Oklahoma. Throw in the bordering states of New Mexico, Louisiana and Arkansas and you have 2/3 of the list concentrated in just 5 states.

http://www.cnbc.com/id/31490968/
Best wishes, | Michael | | Invest your time actively and your money passively.

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stratton
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Location: Puget Sound

Post by stratton » Wed Jun 24, 2009 2:30 pm

It looks like a case of recency.

If you go back to the S&L crises and the oil bust that happened at the same time you have a different picture.

DC is understandable. Government gets bigger and doesn't really shrink. Throw in all the private companies supporting them and you have even lower recession risk.

Paul

gkaplan
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Joined: Sat Mar 03, 2007 8:34 pm
Location: Portland, Oregon

Post by gkaplan » Wed Jun 24, 2009 2:43 pm

I'm sure this is interesting, but I don't feel like clicking through fifteen pages just to look at fifteen different cities. I don't know why websites do this. It's most inconvenient.
Gordon

newbie001
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Joined: Mon Nov 24, 2008 1:50 am

Post by newbie001 » Wed Jun 24, 2009 2:46 pm

gkaplan wrote:I'm sure this is interesting, but I don't feel like clicking through fifteen pages just to look at fifteen different cities. I don't know why websites do this. It's most inconvenient.
It is indeed irritating. Sports illustrated, cnnsi.com, is the master of it. I think they do it to increase their web hits or web traffic stats.

Rrolack
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Joined: Fri May 22, 2009 12:18 am

Post by Rrolack » Wed Jun 24, 2009 9:23 pm

They do that so they can show you more ads.

Paladin

Post by Paladin » Wed Jun 24, 2009 9:33 pm

Rrolack wrote:They do that so they can show you more ads.
Agreed. Use AdBlock Plus (free) and prestissimo...no ads!

yobria
Posts: 5978
Joined: Mon Feb 19, 2007 11:58 pm
Location: SF CA USA

Post by yobria » Wed Jun 24, 2009 11:24 pm

I'm always amazed at how recession proof Little Rock, where my family lives, is. They report being untouched by the recession, and housing prices seem to go up a steady 4%/year.

Nick

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