February 2016 Newsletter! The Big Game and Gone to Texas: The Mass Exodus to the Lone Star State

Posted by Sandra DeLeon on Wednesday, March 9th, 2016 at 2:00pm.

Austin is at the top of another list...again. The list-topping has become so frequent that maybe next month, I'll generate a list of all the lists we've made lately. This time a consultant based out of Irvine, CA conducted a 7-year study and determined that approximately 9,000 businesses "disinvested" in California by either relocating or expanding out-of-state to Texas, with 'you-know-who' being the primary recipient. That's right. Austin. It brought to mind the mass exodus that occurred back in the early 1800s. A young America had plunged into its first Depression, and many people migrated to Texas to escape their debts and the deteriorating financial environment. In Texas, people found a refuge. A few letters chalked up on the wooden door of abandoned houses in the East would explain it all: GTT - Gone to Texas. The United States had no power in Texas at the time, so criminals were no longer criminal. The land was cheap and the payment terms easier. It was a chance to start over in freedom and free from debt. Fast forward nearly 200 years and Texas, particularly Austin, continue to draw in the masses. The land is cheaper and the payment terms for businesses are easier than in California. Whether we're named as the next Boomtown or the next Silicon Valley, people want to be here. The economy is strong and attractive, no doubt, but add in those friendly smiles and blue skies... this city is incomparable. Maybe it's time to change the message from "Gone to Texas" to "Gone to Austin" and if they're lucky, we just might let them stay. http://bit.ly/1P0aNQo


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