Dallas, in Texas, was founded along the Trinity River. The
city's prominence is because of it being a center for the oil and cotton
industries. Dallas is home to 12 Fortune 500 companies including Exxon Mobile.
The good weather, the jobs in abundance and the low cost of
living are good reasons for people to migrate to Dallas. The increase in hiring
employees has been on the high in the past couple of years in Dallas. Young
couples come over here to start their life anew and settle down, partially due
to the beautiful city and mostly due to the immense job growth even in the age
of recession. The school districts are very good in Dallas and so parents with
kids prefer this place and so migrate at the right moment when their kids need
a good education.
Real- estate is quite tricky in a city like Dallas. The
prices for homes are very low and so are affordable, but the problem would be
that the equity of the house doesn't go up reasonably. And in addition to that,
the rents are pretty low. Because of this, people tend to rent homes or
apartments instead of buying a house, though they could buy a house for as
small an amount as $140,000.
But on the flip side, people who want to own a home, no
matter what; Dallas is definitely an affordable place. For the amount that you
pay elsewhere, in other states, for a decent family home, in Dallas, the same
home would be half that price. Dallas was low interest rates which brings
home buyers here, not only from other States, but also from neighboring cities
in Texas.
For more reasons than one, in the past couple of years,
Dallas has become a place to live and love!
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