Dallas Poised for New Growth Spurt as Wall Street Rival!

Real Estate News: Real Estate Investing Podcast

Dallas may soon have another feather in its cap when it comes to attracting people, businesses and growth to the region. Some of the world’s largest financial institutions just announced the launch of a new stock exchange in Dallas that could be a catalyst for more business and population growth. Some are even speculating that the Texas Stock Exchange will help turn Dallas into a global banking hub that could rival Wall Street. Hi I’m Kathy Fettke and this is Real Estate News for Investors. Please sign up for a RealWealth membership at newsforinvestors.com to find out how Dallas is benefiting RealWealth investors. We have a property team there that can help you find rental properties in high-demand areas. As for this new Texas Stock Exchange, Mike Rosa of the Dallas Chamber of Commerce told Bisnow: “This might tip the scales” and attract even more corporate relocations to Texas. The Longhorn State is already known as a business-friendly state with a low cost of living and no state income tax. Bisnow points out that the business environment that is attracting so many companies to move to Texas is also great for a new stock exchange. Commercial site selection expert John Boyd lists the advantages as a great mid-continent location in the central time zone, airport and seaport connectivity, and already existing financial and cybersecurity companies. Plus, he says of the biggest backers: “Can you think of two better supporters than BlackRock and Citadel?”... ...At RealWealth, we have been watching the real estate boom in Dallas for a long time, and it’s still going. Sign up for a free RealWealth membership at newsforinvestors.com and check out our page on Dallas! And remember to subscribe to the podcast and leave us a 5-star rating! Links: https://www.bisnow.com/national/news/commercial-real-estate/this-could-tip-the-scales-new-stock-exchange-could-make-texas-an-even-stronger-bet-for-companies-124657 https://www.prnewswire.com/news-releases/txse-group-inc-announces-plans-to-create-the-texas-stock-exchange-302164049.html https://www.cnn.com/2024/06/05/investing/texas-stock-exchange/index.html https://therealdeal.com/national/atlanta/2024/06/11/large-leases-bolster-atlanta-office-market/