Nov 22, 2016
Dallas is in deep trouble. Despite all the amazing news recently about how successful Dallas has been with economic growth, a booming real estate market and companies relocating there - a single issue could potentially spell bankruptcy for the city. That is issue pensions. What is more important is that this is not an issue limited to Dallas.
While they have some issues that accelerated the problem, this is an issue that nearly all pensions systems MUST eventually face. Of course, pension failures and cities going bankrupt will have an effect on any local real estate market. Lets talk about it and see what segments of the market are likely to be hit.
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