To where in Texas are they moving? The non-paid version of the WSJ article doesn’t say. I keep hearing that in massive influx of tech companies to the Austin area has driven up housing rates and congestion to absurd levels. Probably won’t be long before tech companies skip Austin for cities like Dallas, Houston, and San Antonio.
Companies won’t skip out on Austin. They would be missing out on top tier talent from UT and surrounding schools.
Reason why Schwab is moving to Dallas (specifically Westlake) is because this is determined to be the next financial district (a majority of financial companies have satellite corporate offices in this specific area)
FYI: Schwab has had an existence in the 512 for some years now and in the recent years expanded/consolidated to a new office
A large chunk of the kids who go to UT are from houston and dallas. Austin is a really small city if you have been there. It would fit like in a quarter of Houston.
