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The Best And Worst Cities For Recession Recovery

Joshua Zumbrun forbes.com
The 10 Best And 10 Worst U.S. Cities For Economic Recovery

The 10 Best And 10 Worst U.S. Cities For Economic Recovery


WASHINGTON -- The three most important things in real estate: location, location, location.



It's true for recovery from a real estate bubble too. Overall, many economists expect the national economy to return to growth later in 2009, perhaps as soon as this summer. But that won't be the case everywhere. While some cities are poised for a quick rebound, others face a slog to recovery that could take years.

Poised for swift recovery are many Texas cities, such as Austin, San Antonio, Dallas and McAllen. These areas did not see the massive real estate bubble that formed in states like California, Nevada and Florida. The economy is diverse, with heavy growth coming from education and health care in recent years.


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