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by s5300
1263 days ago
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The parent I’m replying to is partially discussing betting against Texas, especially regarding property values - if you think half the populace within a state being viewed as second class citizens doesn’t affect property values, I think you should reconsider. How many rich tech people from SV/Cali who paid top dollar for Texas property are now quickly fleeing after the recent political happenings that stripped the rights of half the voting population? I’ve seen quite a few personal anecdotes on HN & also a general trendline across publicly accessible real estate data that point to them ditching their Texas properties quite quickly. This most definitely affects property values, & at least touches on zoning issues in the grand scheme of things. |
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Not very many at all, in my estimation. Those "rich tech people from SV/Cali" moved to Texas in the first place for their bottom lines, not because they thought Texas was the vanguard of progressive politics. I doubt a socially conservative state becoming more socially conservative is going to trigger many reverse moves.
If I had to guess, the extremely restrictive abortion laws (prohibited after six weeks of gestation with very few exceptions) that you're obliquely referring to are not going to stand for very long, either.