New York vs. Houston

Mod Note (Andy): Best of Eddie, this was originally was posted on 12/15/10.

Monty09 may have gotten the best plug yet for his Energy Rodeo in Houston next month, and it came from none other than the New York Daily News. The Daily News piece on the ridiculous cost of living in New York pointed out that it takes six figures just to make it into the middle class in the city, and a New Yorker has to earn $123,322 a year just to match the lifestyle $50,000 a year buys in you Houston. On top of that, $60,000 a year in Manhattan is the equivalent of just $26,000 a year in Atlanta - just over the poverty line.

What the article doesn't mention, however, is perhaps the most compelling reason to choose Houston or another southern city over the Big Apple: GRITS.

No, I'm not talking about the delicious breakfast staple. I'm talking about Girls Raised In The South.

GRITS

I'm here to tell you. Southern girls are the best women in the country, and I've lived everywhere. No woman from anywhere north of the Mason-Dixon line or west of Texas will ever treat you as well as a Southern girl. It's in their DNA. You won't find the angry species of uptight doctoral-candidate-in-Women's-Studies-at-Brown with a two-ton chip on her shoulder and a disapproving gaze in the South. Southern women actually enjoy being women.

Don't get me wrong. If uptight, career-focused chicks under five layers of winter clothing are your thing, New York's gonna be tough to beat. It's certainly a lot easier to pull an all-nighter at work when you know you've got a mirthless harpy waiting to emasculate you at home. It just doesn't work for me.

If you want a girl who is laid back and knows how to party, who can go beer-for-beer with you, who will cook circles around any restaurant, and who will kick your ass if you make her late for the big game, there's only one place to find her. And it ain't Brooklyn.

The lifestyle in the South is so much better as well, especially if you're an energy trader or investment banker. The lower cost of living means you'll probably be living in a sweet McMansion instead of a third floor walk-up with roommates. And you'll be at the top of the food chain, instead of being just another face in the crowd. Be warned though: there are steep social penalties in the South for brazen douchebaggery. You don't want to be that guy down there.

If you're making $150,000 a year in Houston, Atlanta, New Orleans (especially New Orleans), or Charlotte, you are absolutely killing it. That kind of dough in Manhattan means you're still working ramen into the rotation one night a week. It's no contest in my mind.

New York

One other thing that blew my mind about the survey was the fact that in New York, it can cost up to $25,000 a year for childcare for one kid. Are you shitting me? Here's a novel idea: why not move to the South where the child can actually be raised by a parent? Wow. Hadn't considered that.

Seriously, guys. I know New York is the center of our little universe. But it's by no means the only place there's opportunity, and the lifestyle in most other places is going to blow New York out of the water. If I were a young trader, or someone looking to become one, lifestyle considerations would weigh heavily in my decision-making process. And when it comes to lifestyle, it's Houston over New York without breaking a sweat.

 

NYC will always be the heart of finance, no other city, cheap rent, lower cost of living, or girls is gonna change that. Need to save money on rent, move to jersey. Need a hot chic, wait until fashion week and get to know one of the Versace Models who doesnt have a green card (and hopefully you do).

I was down at Shell for its Commodity Trading Final rounds, Houston is a dump. The quality of life was so shitty that I felt like I was stupider or of worse caliber then I thought I was. Shell probably offered me 100+k to move down there cause they knew it was going to suck for me. More pot holes then Jersey could ever compete with. There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

Southern girls aren't THAT great. Being in Houston, I must admit that the good looking girls had a better "finishing" than North-east girls, however, they were generally pretty stupid or book smart and lacked any type of interest unrelated to being a girly girl. They are very pretty, that I will agree 100% with and they never looked bothered or worried. Just looking for a good time, a beer, and some serious attention to look forward to the sex that she really wants from you. Texan girls in a nut shell.

The only city in the south I would ever move to is Miami (which is probably not even considered "the south"), to maintain some what a similar level of Prestige.

.
 
Khara 3alekon:
NYC will always be the heart of finance, no other city, cheap rent, lower cost of living, or girls is gonna change that. Need to save money on rent, move to jersey. Need a hot chic, wait until fashion week and get to know one of the Versace Models who doesnt have a green card (and hopefully you do).

I was down at Shell for its Commodity Trading Final rounds, Houston is a dump. The quality of life was so shitty that I felt like I was stupider or of worse caliber then I thought I was. Shell probably offered me 100+k to move down there cause they knew it was going to suck for me. More pot holes then Jersey could ever compete with. There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

Southern girls aren't THAT great. Being in Houston, I must admit that the good looking girls had a better "finishing" than North-east girls, however, they were generally pretty stupid or book smart and lacked any type of interest unrelated to being a girly girl. They are very pretty, that I will agree 100% with and they never looked bothered or worried. Just looking for a good time, a beer, and some serious attention to look forward to the sex that she really wants from you. Texan girls in a nut shell.

The only city in the south I would ever move to is Miami (which is probably not even considered "the south"), to maintain some what a similar level of Prestige.

This.

“Millionaires don't use astrology, billionaires do”
 
Khara 3alekon:
NYC will always be the heart of finance, no other city, cheap rent, lower cost of living, or girls is gonna change that. Need to save money on rent, move to jersey. Need a hot chic, wait until fashion week and get to know one of the Versace Models who doesnt have a green card (and hopefully you do).

I was down at Shell for its Commodity Trading Final rounds, Houston is a dump. The quality of life was so shitty that I felt like I was stupider or of worse caliber then I thought I was. Shell probably offered me 100+k to move down there cause they knew it was going to suck for me. More pot holes then Jersey could ever compete with. There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

Southern girls aren't THAT great. Being in Houston, I must admit that the good looking girls had a better "finishing" than North-east girls, however, they were generally pretty stupid or book smart and lacked any type of interest unrelated to being a girly girl. They are very pretty, that I will agree 100% with and they never looked bothered or worried. Just looking for a good time, a beer, and some serious attention to look forward to the sex that she really wants from you. Texan girls in a nut shell.

The only city in the south I would ever move to is Miami (which is probably not even considered "the south"), to maintain some what a similar level of Prestige.

so you were not good enough for new york? fitting

 
monty09:
Khara 3alekon:
NYC will always be the heart of finance, no other city, cheap rent, lower cost of living, or girls is gonna change that. Need to save money on rent, move to jersey. Need a hot chic, wait until fashion week and get to know one of the Versace Models who doesnt have a green card (and hopefully you do).

I was down at Shell for its Commodity Trading Final rounds, Houston is a dump. The quality of life was so shitty that I felt like I was stupider or of worse caliber then I thought I was. Shell probably offered me 100+k to move down there cause they knew it was going to suck for me. More pot holes then Jersey could ever compete with. There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

Southern girls aren't THAT great. Being in Houston, I must admit that the good looking girls had a better "finishing" than North-east girls, however, they were generally pretty stupid or book smart and lacked any type of interest unrelated to being a girly girl. They are very pretty, that I will agree 100% with and they never looked bothered or worried. Just looking for a good time, a beer, and some serious attention to look forward to the sex that she really wants from you. Texan girls in a nut shell.

The only city in the south I would ever move to is Miami (which is probably not even considered "the south"), to maintain some what a similar level of Prestige.

so you were not good enough for new york? fitting

One word: OWNED! Thanks Mont

 
monty09:
Khara 3alekon:
NYC will always be the heart of finance, no other city, cheap rent, lower cost of living, or girls is gonna change that. Need to save money on rent, move to jersey. Need a hot chic, wait until fashion week and get to know one of the Versace Models who doesnt have a green card (and hopefully you do).

I was down at Shell for its Commodity Trading Final rounds, Houston is a dump. The quality of life was so shitty that I felt like I was stupider or of worse caliber then I thought I was. Shell probably offered me 100+k to move down there cause they knew it was going to suck for me. More pot holes then Jersey could ever compete with. There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

Southern girls aren't THAT great. Being in Houston, I must admit that the good looking girls had a better "finishing" than North-east girls, however, they were generally pretty stupid or book smart and lacked any type of interest unrelated to being a girly girl. They are very pretty, that I will agree 100% with and they never looked bothered or worried. Just looking for a good time, a beer, and some serious attention to look forward to the sex that she really wants from you. Texan girls in a nut shell.

The only city in the south I would ever move to is Miami (which is probably not even considered "the south"), to maintain some what a similar level of Prestige.

so you were not good enough for new york? fitting

Quite the contrary, going down to Houston was a big mistake and a waste of my time.

.
 
Khara 3alekon:

I was down at Shell for its Commodity Trading Final rounds, Houston is a dump. The quality of life was so shitty that I felt like I was stupider or of worse caliber then I thought I was. Shell probably offered me 100+k to move down there cause they knew it was going to suck for me. More pot holes then Jersey could ever compete with. There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

The only city in the south I would ever move to is Miami (which is probably not even considered "the south"), to maintain some what a similar level of Prestige.

  1. I hardly think that Houston, the energy capital of North America, is for someone that "couldn't get into NYC".

  2. I do appreciate the shout-out for Miami...been cold as f*** lately, but it'll be beach-friendly weather by the weekend.

 
Khara 3alekon:
Need a hot chic, wait until fashion week and get to know one of the Versace Models who doesnt have a green card (and hopefully you do).

I hope this isn't your best method of getting a chic in NYC because that is just sad. Primarily due to the fact that if you are at the VP level or below there is no way a model is going to give you the time of day when there are plenty of men that make real money in NYC to court them.

Khara 3alekon:
There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough

Having spent time in NYC and now back in a southern city I can assure you that just because someone is based outside of NYC doesn't mean they aren't good enough to make it in NYC. Many of us put in our time as analysts and associates in NYC and then got out because it is true that the quality of life in other cities is much better when you are making essentially the same salary/bonus and have a cost of living that is often 4 or 5 times less than NYC. And those that started their careers outside of NYC likely did so because the thought of sharing a one bedroom convertible apartment with 3 or 4 other guys like you just wasn't appealing.

Khara 3alekon:
The only city in the south I would ever move to is Miami (which is probably not even considered "the south"), to maintain some what a similar level of Prestige.

When you make a statement like this it makes me wonder how you ever made it in NYC.

“Whatever you do, don’t be a victim. If you’re in a bad situation, try to fix it. If you can’t fix it, move on. Don’t whine.” --Jack Welch
 
Khara 3alekon:

There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

It's cheaper to live there, and in practically every other region of the country, because foreign investors aren't reinvesting their dollars (that they accumulate from our enormous current-account deficit) into real-estate and therefore are not bidding up prices (primarily rent) to insane and unsustainable levels.

This is just one factor, though. There's also the douche-bag factor--i.e., the guy (you) who likes to tout that he can 'cut it' in the 'concrete jungle' that is 'the financial capital of the world' (even though NYC isn't actually the financial capital of the world).

“Elections are a futures market for stolen property”
 
Esuric:
Khara 3alekon:

There is a reason why its so cheap to live there, cause no one is there doing the jobs that we love doing simply because who ever is doing it down there couldn't get into NYC, which means they werent good enough --> they pretty much suck unless they are petroleum engineers from Texas A&M (those guys are really sharp when trading commodities).

It's cheaper to live there, and in practically every other region of the country, because foreign investors aren't reinvesting their dollars (that they accumulate from our enormous current-account deficit) into real-estate and therefore are not bidding up prices (primarily rent) to insane and unsustainable levels.

This is just one factor, though. There's also the douche-bag factor--i.e., the guy (you) who likes to tout that he can 'cut it' in the 'concrete jungle' that is 'the financial capital of the world' (even though NYC isn't actually the financial capital of the world).

Foreigners dont invest or want to live in houston because it is a 120 degree shithole filled with hicks. I dont even live in NY anymore but people saying houston is "better" are all people who would move to NY in a second if they got a job there and the people saying NY "sucks" are 24 year olds who live in midtown and spend their weekends getting plastered at fake irish bars with other 24 year old former fratboy douchebags.

 

The South sucks for people who don't want to drive or live in McMansions. There are also few Asians in the South which sucks for guys like me who have yellow fever.

I'd be very unhappy in the South.

 
DatGreyPoupon:
The South sucks for people who don't want to drive or live in McMansions. There are also few Asians in the South which sucks for guys like me who have yellow fever.

I'd be very unhappy in the South.

It's like my brain is a tree, and you're those little cookie elves.

"Dude, not trying to be a dick here, but your shop looks like a frontrunner for the cover of Better Boilerrooms & Chophouses or Bucketshop Quarterly." -Uncle Eddie
 
DatGreyPoupon:
The South sucks for people who don't want to drive or live in McMansions. There are also few Asians in the South which sucks for guys like me who have yellow fever.

I'd be very unhappy in the South.

You clearly dont spend too much time in the south. There are quite large populations of affluent asians in the upper (north east middle) class section of memphis and nashville.

Over 50% of the memberships at the 4 country clubs id play at regularly were asian... (no joke, Director of Membership was a drinking buddy of ours)

"Stay Hungry, Stay Foolish"
 
DatGreyPoupon:
...There are also few Asians in the South which sucks for guys like me who have yellow fever...

That's not true, I just had a threesome with one this weekend.

ATL.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
Edmundo Braverman:
Ha! Bunch of yankee haters, just as I expected.

Houston's biggest drawback (in my view) is the traffic, which is utterly ridiculous. I talked to an insurance adjuster there once and he told me he lives 8 miles from work and has a 45-minute commute each way. New York has the subway, but the traffic on the streets is gnarly there as well.

I have friends in LA, they said that everyone get DUIs, since you have to drive everywhere, and it's too far to take cabs. I can go out drinking all night, and not have to worry about who's going to drive me home, and I don't know anyone with a DUI here.
 
mr_bigglesworth:
I have friends in LA, they said that everyone get DUIs, since you have to drive everywhere, and it's too far to take cabs. I can go out drinking all night, and not have to worry about who's going to drive me home, and I don't know anyone with a DUI here.

You don't have to worry about driving if you live in West Hollywood, everything's close

More is good, all is better
 
Edmundo Braverman:
Ha! Bunch of yankee haters, just as I expected.

Houston's biggest drawback (in my view) is the traffic, which is utterly ridiculous. I talked to an insurance adjuster there once and he told me he lives 8 miles from work and has a 45-minute commute each way. New York has the subway, but the traffic on the streets is gnarly there as well.

I love the article, and as you can tell I'm in Houston. You're absolutely right about the traffic, it's ridiculous, there are a myriad of wrecks per day on each of Houston's largest highways. The weather is another thing to touch on, its currently 73 degrees and sunny. Yes, even in mid December.

 

+1 on Khara 3alekon's How much is a one bedroom apartment in NYC? 2k, at the min, 3k will get you something decent. No way someone making 60k (now 70k) starting in banking can spring for that without a subsidy from parents (which happens quite often). I just feel sorry for my friends doing marketing, making 50k with no hopes of any increase. I'm making more now than my old man did until he was a few years out of B-school, also substantially more than the average American family income, and I live well, but nothing more than a middle class lifestyle, and I definitely couldn't afford to support a wife and kid, or even just a wife.

 

"No woman from anywhere north of the Mason-Dixon line or west of Texas will ever treat you as well as a Southern girl. It's in their DNA. You won't find the angry species of uptight doctoral-candidate-in-Women's-Studies-at-Brown with a two-ton chip on her shoulder and a disapproving gaze in the South. Southern women actually enjoy being women."

Might be one of the funniest things I have ever read. Bravo,

 
SLO89:
"No woman from anywhere north of the Mason-Dixon line or west of Texas will ever treat you as well as a Southern girl. It's in their DNA. You won't find the angry species of uptight doctoral-candidate-in-Women's-Studies-at-Brown with a two-ton chip on her shoulder and a disapproving gaze in the South. Southern women actually enjoy being women."

Might be one of the funniest things I have ever read. Bravo,

+1 for this being both funny and true.

Hi, Eric Stratton, rush chairman, damn glad to meet you.
 
Otter.:
SLO89:
"No woman from anywhere north of the Mason-Dixon line or west of Texas will ever treat you as well as a Southern girl. It's in their DNA. You won't find the angry species of uptight doctoral-candidate-in-Women's-Studies-at-Brown with a two-ton chip on her shoulder and a disapproving gaze in the South. Southern women actually enjoy being women."

Might be one of the funniest things I have ever read. Bravo,

+1 for this being both funny and true.

The caricatures of the Southern and Northern women painted by the article and the posters above are stereotypes which don't describe anyone I know well and i've lived in both Texas and NY for a matter of years (spent a few months in Houston but most of my time in Austin). Intellectually and career-wise, my Southern female friends and my NY female friends are on par.

I don't even see that massive of a personality difference once you get past the accents and mannerisms. I had a few Southern friends in NYC and we got together with my NY friends. All the girls got along very well and if someone passed by the table without lingering long enough to listen for accents, you wouldn't be able to tell the Northerners and Southerners apart. My NY girls all love to dress feminine and fashionable - just not necessarily when walking down to the supermarket for a 10-minute errand. None of us are bimbos or womens' studies majors, but there's a lot of law/finance/medicine represented among my NY and Southern girlfriends so we're no slouches.

People love their sports in NYC too - it's just NFL instead of NCAA.

From a girl's perspective, guys are just as douchey in both NY and the South - it's just a different brand of douche. Like saying "what food's spicier, barbecue chicken wings or Thai". Southern guys have the edge for making the better first impression, but that doesn't count for much in my book.

I find Southern/Midwestern guys better looking than guys in NY but that's a matter of personal taste. There are also plenty of guys from the South/Midwest in NY, but as said above, since there isn't one dominant type in NY you sometimes get the "where are all the cute boys/girls" sensation regardless of your preferences.

 

At different times in your life you have a different perspective on it. I came up in New York and played the city for every last bit it was worth. When I hear guys extolling the virtues of NYC I can't help but to laugh. There's absolutely nothing tying you to New York with the exception of living a marketing campaign's wet dream.

But I guess everybody's gotta learn the hard way.

 

As a Southern girl, I would like to agree with OP's thoughts on them and add a little. It's true we delight in our femininity (hair, make-up, not afraid of showing off the tight curves), but definitely don't think this make all of us dumb -- we can go head to head with Northern Exeter-bred girls any day, we just aren't as in-your-face with looking like "intellectuals," which for many women in the North means looking dumpy and overly serious. People in the South tend to be much more polite and find the humor in life, which is really refreshing.

I'm from Atlanta (Buckhead specifically), and after living in New York as just an intern, it confirmed that ATL feels very small and insignificant from a world perspective. Housing there is really cheap right now, though, but the job market is still in a pretty big slump. I would definitely agree that $150k makes you pretty well off in ATL, but definitely don't pull an attitude about it (unless you're in Alpharetta or some nouveau place) because the old Coca-Cola money people have serious money and you won't find yourself among the social elite for long. When I interned at Bear Stearns in Atlanta (2007), everyone had an insanely high end lifestyle, even the young guys in the wealth management division.

There are pretty big racial problems, but the reverse of what it was 50 years ago, mostly among the government. If you're into politics, it'll be frustrating, as they divide the districts to fuck Buckhead over into paying for the cesspool that is the inner city. Among professionals/those not in the inner-city, it's much less racially divided than in the North (which I was really surprised by once I came up here).

Final thought: given what I've seen about how guys on here view marriage, be careful about the South (at least Atlanta). If you aren't married by 30, people tend to think you have something wrong with you.

 
anaismalcolm:
As a Southern girl, I would like to agree with OP's thoughts on them and add a little. It's true we delight in our femininity (hair, make-up, not afraid of showing off the tight curves), but definitely don't think this make all of us dumb -- we can go head to head with Northern Exeter-bred girls any day, we just aren't as in-your-face with looking like "intellectuals," which for many women in the North means looking dumpy and overly serious. People in the South tend to be much more polite and find the humor in life, which is really refreshing.

I'm from Atlanta (Buckhead specifically), and after living in New York as just an intern, it confirmed that ATL feels very small and insignificant from a world perspective. Housing there is really cheap right now, though, but the job market is still in a pretty big slump. I would definitely agree that $150k makes you pretty well off in ATL, but definitely don't pull an attitude about it (unless you're in Alpharetta or some nouveau place) because the old Coca-Cola money people have serious money and you won't find yourself among the social elite for long. When I interned at Bear Stearns in Atlanta (2007), everyone had an insanely high end lifestyle, even the young guys in the wealth management division.

There are pretty big racial problems, but the reverse of what it was 50 years ago, mostly among the government. If you're into politics, it'll be frustrating, as they divide the districts to fuck Buckhead over into paying for the cesspool that is the inner city. Among professionals/those not in the inner-city, it's much less racially divided than in the North (which I was really surprised by once I came up here).

Final thought: given what I've seen about how guys on here view marriage, be careful about the South (at least Atlanta). If you aren't married by 30, people tend to think you have something wrong with you.

The true litmus test...how do you feel about a guy dipping?

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
happypantsmcgee:
anaismalcolm:
As a Southern girl, I would like to agree with OP's thoughts on them and add a little. It's true we delight in our femininity (hair, make-up, not afraid of showing off the tight curves), but definitely don't think this make all of us dumb -- we can go head to head with Northern Exeter-bred girls any day, we just aren't as in-your-face with looking like "intellectuals," which for many women in the North means looking dumpy and overly serious. People in the South tend to be much more polite and find the humor in life, which is really refreshing.

I'm from Atlanta (Buckhead specifically), and after living in New York as just an intern, it confirmed that ATL feels very small and insignificant from a world perspective. Housing there is really cheap right now, though, but the job market is still in a pretty big slump. I would definitely agree that $150k makes you pretty well off in ATL, but definitely don't pull an attitude about it (unless you're in Alpharetta or some nouveau place) because the old Coca-Cola money people have serious money and you won't find yourself among the social elite for long. When I interned at Bear Stearns in Atlanta (2007), everyone had an insanely high end lifestyle, even the young guys in the wealth management division.

There are pretty big racial problems, but the reverse of what it was 50 years ago, mostly among the government. If you're into politics, it'll be frustrating, as they divide the districts to fuck Buckhead over into paying for the cesspool that is the inner city. Among professionals/those not in the inner-city, it's much less racially divided than in the North (which I was really surprised by once I came up here).

Final thought: given what I've seen about how guys on here view marriage, be careful about the South (at least Atlanta). If you aren't married by 30, people tend to think you have something wrong with you.

The true litmus test...how do you feel about a guy dipping?

Special case: I'm allergic to tobacco, so it would cause problems for obvious reasons.

 
anaismalcolm:
...Final thought: given what I've seen about how guys on here view marriage, be careful about the South (at least Atlanta). If you aren't married by 30, people tend to think you have something wrong with you.

And if you are 30 and unmarried in Atlanta, people will likely assume you're gay.

...not that there is anything wrong with that, lol.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 

I dated two girls in a row from Austin, coincidently, and they were both awesome. And I mean that beyond sexually. I've decided that whenever I grow up and mature and am ready to get married I'm going to do like Eddie Murphy did in Coming to America when he flew to Queens, but I'm going to fly to Austin to get my bride.

 

From a non-American(Indian) perspective. Northern (uptight, arrogant) girls suck!

I came to America to see Southern chicks. Even if just to see them! I am stuck in Jersey City and I absolutely hate this place. I dream of the days when I'll permanently settle down in the South.

 
masterofpuppets:
From a non-American(Indian) perspective. Northern (uptight, arrogant) girls suck!

I came to America to see Southern chicks. Even if just to see them! I am stuck in Jersey City and I absolutely hate this place. I dream of the days when I'll permanently settle down in the South.

Also, when reading this I can't help but think of Taj from Van Wilder talking about how he wants to "smack clam, munch rug, dine at just one American pink taco stand."

Hi, Eric Stratton, rush chairman, damn glad to meet you.
 

I think the point that a lot of the people here are missing is that outside of NYC you can have a much better quality of life, if you're actually looking to enjoy life. If your goal is to try to match the hype from the books and the movies and the websites that you have to wear a $2k suit everyday, work 90 hours a week, do the models & bottles deal, then you just don't get it. For those of us above 22 who like the idea of having a backyard to grill out in, being able to actually see your family and friends and not deal with the hassle of living in NYC, the south can be a great place to be.

 

"No woman from anywhere north of the Mason-Dixon line or west of Texas will ever treat you as well as a Southern girl. It's in their DNA. You won't find the angry species of uptight doctoral-candidate-in-Women's-Studies-at-Brown with a two-ton chip on her shoulder and a disapproving gaze in the South. Southern women actually enjoy being women."

-- Sick and tired of people (especially New Yorkers) going on and on about how the only good women outside of NY are Southern women. The only women north of the Mason-Dixon line who are uptight and working on a PHD in Women's studies are Boston/DC/NYC women. Women in Chicago are equally as hot as women in the South. Every hot sorority girl from the Big 10, Big 12, wants to move to Chicago after they graduate.

"If you aren't married by 30, people tend to think you have something wrong with you."

Absolutely true in the south. While Northern women are looking for a PHD, southern women are looking for the MRS, and most of them aren't looking to marry some yank. Even if he has money. If you're driving a "baller car" in the south, people won't think you're a baller. They'll probably think you have a small dick.

And I'm sorry, but Houston is a shit hole. Dallas, Austin, Atlanta -- even San Antonio, is much better.

 

Houston is one of the fattest cities and it usually shows. I see a lot more pretty people in Dallas than in Houston, and the first time I went to NYC (many years ago) I couldn't believe I went the entire day without seeing someone obese. Another bad thing about Houston is lack of planning and zoning. You might buy your mcmansion, and there's no one to prevent some enterprising soul from opening a liqueur store right next to it. Also you will often see very nice homes on one side of the street and little shacks complete with worn out parachute sized underwear hanging on the clothesline right across the street Houston is very ethnically and culturally diverse, and the idea of southern belle does not translate all that well. Also do not think for a second that southern women survive solely on their love of man and sex - someone is usually already paying (outta the ass!) or will be soon - for the boob jobs, hair bleaching, fake tans, and manicures.

More is good, all is better
 
Argonaut:
Another bad thing about Houston is lack of planning and zoning. You might buy your mcmansion, and there's no one to prevent some enterprising soul from opening a liqueur store right next to it. .

I agree. However, if spec's opens up a shop next to my mcmansion (especially one that has a deli), then I'm not complaining.

 
prop86:
Argonaut:
Another bad thing about Houston is lack of planning and zoning. You might buy your mcmansion, and there's no one to prevent some enterprising soul from opening a liqueur store right next to it. .

I agree. However, if spec's opens up a shop next to my mcmansion (especially one that has a deli), then I'm not complaining.

I have a specs within 2 miles of my house. Needless to say, I spend a lot of money there!

 

Houston is not a city you can just pop into and have an awesome time (like NY or Chicago), but to make a blanket statement that Houston is a dump is the most ridiculous statement ever. Who wouldn't like to live in a nice area like Memorial or River Oaks, golf in December, and have your vacation home 1 1/2 hour flight away in Cancun. I moved to Chicago from Texas recently and can back up Dr. Barnaby's statement that girls up here are just as hot as in the south. If you think money is not to be made in Houston or the type of talent in Houston is not on par with NY you're crazy. Sorry to break it to you but all of those BSD MD's at GS, MS, and other BB spend half their days sucking some nice big MLP dick....Pleas don't voice you rebuttal unless you have actually spent longer than 2 weeks in a major city in the south. With that being said, Chicago is the best city in the country in the summer, hands down.

 

I think it all boils down to where you are in life.

Honestly, there is no place better for a single, mid-20s male working in finance than NYC. In terms of work, there are more opportunities to network and get ahead here than anywhere else. In terms of a social life, are you really going to compare Houston to NYC? I also think there is an unbelievable mix of girls available in NYC: hipster chicks, preppy chicks, southern chicks, cali chicks, career-driven chicks, model chicks, etc. In Houston or any other Southern city, you're going to get more Southern chicks looking to get hitched than any other kind. Also, why do you need a McMansion when you live by yourself?

Flip that around, if you are a married, mid-40s male with kids working in finance, NYC is probably the worst place for you. If you are worth anything, you have established yourself career-wise. Socially, you have a wife and kids so why do you need options other than a top notch country club and a good group of couples to call your friends (On a side note, I believe that marriage is a stupid idea but if you do get married, you should be committed. Half is a lot to lose). $25k for childcare is absurd. Cost for prep school is absurd. Cost of a 1500 sq ft, 2br apt is absurd.

The notion that you are settling or failed to make it in NYC so you are moving to the South is nonsense. Most reach a point in life where family becomes more important than career and, if that's the case, moving away from NYC is probably the best bet.

 
monty09:
agree on zoning... house behind me is 1.2 million..house in front of me and three to left is 18k...
Not a problem in some areas. Memorial FTW.

So much misinformation on Houston and other southern cities it is laughable/not worth responding to.

Dallas and Houston are much cheaper if you are renting but if you want to buy a decent house in a nice area they are very expensive. Starter homes in places like Highland Park/University Park/Preston Hollow in Dallas and Tanglewood/Memorial/West U/ River oaks are 800k-1 million. Of course you can live out in some suburb in a mansion for 400-500k where there are four floor plans in the neighborhood but no thanks.

 
Eric Stratton:
monty09:
agree on zoning... house behind me is 1.2 million..house in front of me and three to left is 18k...
Not a problem in some areas. Memorial FTW.

So much misinformation on Houston and other southern cities it is laughable/not worth responding to.

Dallas and Houston are much cheaper if you are renting but if you want to buy a decent house in a nice area they are very expensive. Starter homes in places like Highland Park/University Park/Preston Hollow in Dallas and Tanglewood/Memorial/West U/ River oaks are 800k-1 million. Of course you can live out in some suburb in a mansion for 400-500k where there are four floor plans in the neighborhood but no thanks.

not true...

quick search on har has over 100 houses in west u,tanglewood and memorial under 800... checking river oaks now buts its pretty small so would guess less then 100

 
Eric Stratton:
monty09:
agree on zoning... house behind me is 1.2 million..house in front of me and three to left is 18k...
Not a problem in some areas. Memorial FTW.

So much misinformation on Houston and other southern cities it is laughable/not worth responding to.

Dallas and Houston are much cheaper if you are renting but if you want to buy a decent house in a nice area they are very expensive. Starter homes in places like Highland Park/University Park/Preston Hollow in Dallas and Tanglewood/Memorial/West U/ River oaks are 800k-1 million. Of course you can live out in some suburb in a mansion for 400-500k where there are four floor plans in the neighborhood but no thanks.

I live in a suburb of Houston in a 2267 sq.foot house and paid much less than 4-500K. Yes, it's a cookie cutter that has about 15 plans to choose from, but it's my first house I had built. It's a very nice house to boot.

 

NYC is expensive, but I think that article is a bit extreme. I at one point made $60k, and did not rotate ramen into my diet, nor did I live in Albans, Queens, wherever that is.

I lived in Tribeca in a modern, doorman building, went out every weekend, took normal international vacations and saved a nice chunk (at least for a 22 yr old right out of college). Granted, I had no college debt, worked in banking so hours were decent, but I had little savings when I started and no parental help. I enjoyed going to super nice restaurants, and still cooked when I could/wanted to, and never thought twice about jumping in a cab.

I just think a lot of people are idiots financially here - especially right out of college. If you make $40k, why are you living in a midtown high rise, and eating out every night? Thats how you start living like a homeless person when that CC debt piles up. I'm not a frugal person, but if I were making $25k in advertising, I would either live intelligently or just move to a city which gives me more for my money (if that is your goal).

 

Edmundo's a word genius and David Simon here beneath will close out this NYC argument pat:

That's right, shut the fuck up convoluted NY fuckers.

Ace all your PE interview questions with the WSO Private Equity Prep Pack: http://www.wallstreetoasis.com/guide/private-equity-interview-prep-questions
 
Stringer Bell:
Edmundo's a word genius and David Simon here beneath will close out this NYC argument pat:

That's right, shut the fuck up convoluted NY fuckers.

You brilliant SOB. Showing a clip of The Wire was genius.

I'm not sure whether to give you an SB or throw some shit at you, because now I'm going to spend at least the next 3 hours re-watching old episodes.

 

I'm a female who has spent time in NYC and Houston (as well as many other cities both inside and outside the USA). My views on NY and Houston are as follows:

Houston: Great city. Great arts and food scene, lots of young professionals, diverse, decent nightlife. It's an ugly city in parts but I have always loved my time in Houston and have many friends there who say the same. People (especially women) make a bigger attempt to dress up for every-day routines.

New York: What I love about NY is that it is the only city in America that has a real "city" feel. You can drink without worrying about driving. NYC is expensive but there's a sensation you get when you live here that I haven't felt anywhere else. Some of the women here are "unfinished" (swear a lot, don't put effort into their appearance unless necessary) but you get a massive diversity of people (as someone said above). If you're preppy, hipster, fratty, geeky, foreign (from any country), goth - you can find a home in NYC. That's true to a lesser extent in Houston. NY can have a real anonymous feel for transplants.

 

I like Southern girls. I also like Asian girls...so I guess either would be fine with me in that regard. :)

That being said, I won't deny that it's crossed my mind at how expensive New York is and it might be worth it to move somewhere else. Honestly though, like many on this board I grew up in New York so I'm biased towards it. You get addicted to the big city amenities, and it's hard to picture anything else. That being said, so many New Yorkers are so incredibly ignorant of the world outside Manhattan. That guy had it right with the map: New Jersey, then China.

Metal. Music. Life. www.headofmetal.com
 

Eddie, I agree with your sentiments, but please don't send anymore Blue Staters down to our states so they can bankrupt us, too. Saddest thing I've ever witnessed is the liberal Democrats of Boston escaping Taxachussets by moving to Republican New Hampshire only to vote in the same socialists who run MA. Keep the goddman socialists away from us!

Array
 
Virginia Tech 4ever:
Eddie, I agree with your sentiments, but please don't send anymore Blue Staters down to our states so they can bankrupt us, too. Saddest thing I've ever witnessed is the liberal Democrats of Boston escaping Taxachussets by moving to Republican New Hampshire only to vote in the same socialists who run MA. Keep the goddman socialists away from us!

Not to get political, but the money (per capita and aggregate) tends to be in blue states and flow to the red states at the federal level. I get what you mean about state governments, but that has more to do with the higher cost of capital to state govts. The "bankrupt" ones also tend to have the most people (and again, money and influence). Also, MA is the state that elected Mitt Romney governor. Mitt fucking Romney. He's not exactly Josef Stalin.

"Dude, not trying to be a dick here, but your shop looks like a frontrunner for the cover of Better Boilerrooms & Chophouses or Bucketshop Quarterly." -Uncle Eddie
 
FinancePun:
Virginia Tech 4ever:
Eddie, I agree with your sentiments, but please don't send anymore Blue Staters down to our states so they can bankrupt us, too. Saddest thing I've ever witnessed is the liberal Democrats of Boston escaping Taxachussets by moving to Republican New Hampshire only to vote in the same socialists who run MA. Keep the goddman socialists away from us!

Not to get political, but the money (per capita and aggregate) tends to be in blue states and flow to the red states at the federal level. I get what you mean about state governments, but that has more to do with the higher cost of capital to state govts. The "bankrupt" ones also tend to have the most people (and again, money and influence). Also, MA is the state that elected Mitt Romney governor. Mitt fucking Romney. He's not exactly Josef Stalin.

I don't know what's so hard to get that California, Illinois and maybe New York are teetering on the brink. Virginia's pro-growth economic policies in Richmond created a capitalist oasis in Northern Virginia compared to its ugly step sister in suburban Maryland. In turn, all the Democrats/liberals looking for opportunity have fled to Northern Virginia. Now this place is becoming more and more liberal. Same thing with Massachussets, which has 2/3 Democrat majorities in the legislature, where the policies actually are made. Suburban Bostonians are fleeing MA for New Hampshire and turning that place blue. I'm frankly fcking sick of this bullsht. My roommate, who is a mid-level guy at the census, was blown away at the numbers that are coming out showing a huge migration out of the blue states and into the red states. It really sucks, and I'm on the front lines of it.

Keep the Fing northerners out of our states so they don't bankrupt us the way they've bankrupted California. Plus, girls from the northeast are downright disgusting looking. Midwestern and southern girls blow 'em away. Don't corrupt our blood.

Array
 
FinancePun:
Virginia Tech 4ever:
Eddie, I agree with your sentiments, but please don't send anymore Blue Staters down to our states so they can bankrupt us, too. Saddest thing I've ever witnessed is the liberal Democrats of Boston escaping Taxachussets by moving to Republican New Hampshire only to vote in the same socialists who run MA. Keep the goddman socialists away from us!

Not to get political, but the money (per capita and aggregate) tends to be in blue states and flow to the red states at the federal level. I get what you mean about state governments, but that has more to do with the higher cost of capital to state govts. The "bankrupt" ones also tend to have the most people (and again, money and influence). Also, MA is the state that elected Mitt Romney governor. Mitt fucking Romney. He's not exactly Josef Stalin.

It can be argued that the blue states gain their "wealth" from running the distribution mechanism (the banks, the Fed, Uncle Sam's government). The "red" states actually add value by producing agricultural products, machinery, cars, and energy. All the "blue" states do is move money around.

looking for that pick-me-up to power through an all-nighter?
 

I know that the ibanking and buyside jobs are not as prevalent in Southern California, but living in San Diego or the LA area beats both NY and Texas. Great weather all year round, the beach and golf are excellent, cheaper than NY or San Francisco, there is always something to do here, better women than other parts of the country (unfortunately some of them are quite fake both physically and personality wise). As someone whose hobbies are primarily outdoor activities, I would hate to be have to stay inside all summer or winter due to snow or intense humidity. With a career in asset management and hedge funds, I may need to spend some time in NYC to establish myself. However, once I start my own firm, I plan on locating it down in Southern California. Another advantage (at least for buy side entrepreneurs) is that there is a large number of high net worth individuals in Socal versus a minimal amount of hedge funds.

 

Denver colorado. all kinds of snow sports in the winter and hiking in the summer. not much more expensive than Houston, one of the most in-shape cities, and unlike cali, colorado is not bankrupt.

More is good, all is better
 

We went around looking all day for jobs, there are none in this town

Ya, unless you wanna work 40 hours a week

 

H-town girls are solid, but all Texans know the real lookers are in Dallas/Ft. Worth (surprisingly many in FW). Even Austin arguably has better girls than Houston. (smaller numbers obviously. Different personalities too)

 
ibintx:
H-town girls are solid, but all Texans know the real lookers are in Dallas/Ft. Worth (surprisingly many in FW). Even Austin arguably has better girls than Houston. (smaller numbers obviously. Different personalities too)
Dallas does have solid girls. The one annoying thing about going out is the famous $30k millionaire douche bags all around Uptown.
 
Eric Stratton:
ibintx:
H-town girls are solid, but all Texans know the real lookers are in Dallas/Ft. Worth (surprisingly many in FW). Even Austin arguably has better girls than Houston. (smaller numbers obviously. Different personalities too)
Dallas does have solid girls. The one annoying thing about going out is the famous $30k millionaire douche bags all around Uptown.

Very true. Dallas has a ton of snobby douches. That's why I prefer Ft. Worth.

 

I live in Richmond currently, have lived in NYC and grew up in Chicago. I frequently go to Texas on business. Obviously everyone's mileage is going to vary depending on what you actually like. Though to be fair, I think most of the college kids on this board are perfectly happy being told what they should like, particularly something with capital-P Prestige.

I won't give a rundown on Chicago, since Illini probably will write an extended diatribe on it's virtues.

NYC - Pricey as hell but anything you can imagine doing in a city (sports events, food, clubs, arts etc) you can do and you can do it damn near 24 hours a day, 7 days a week. Nothing new here, covered in a lot of other threads.

Richmond (Atlanta, Houston and Dallas are pretty similar so feel free to substitute) - Cheap housing but other upmarket things (food, entertainment, bars) are as expensive as DC but not quite NYC. People are generally polite. You have to drive EVERYWHERE and even while in the city, which is pretty walking friendly, people will think you are a mutant for not wanting to drive distances greater than 500 yards. Girls in my experience are about average looking but generally have a better attitude. People aren't generally impressed with status or money (lets face it, nearly anyone can get enough credit line to appear wealthy for a while). If you like a suburban lifestyle you'll like Richmond . If you like outdoor activities (hiking, fishing, hunting) you can do these things. The South has great and affordable golf courses. If you like to golf and live in NYC, good luck. The other benefit is that schools like Vanderbilt, Duke and especially service academy's are a lot more "prestigious" in social and business circles than Wharton or even HYP because it would indicate you aren't some "jackass Yankee who thinks queer as folk is the best show on television" (direct quote).

My favorite thing about Richmond (former capital of the Confederacy) is after a night of drinking walking down Monument Avenue (so-called because it is lined with Monuments to Robert E. Lee, Stonewall Jackson etc) and loudly exclaiming that it should be called "Losers Lane." People still think that war matters down here so its good for a few laughs.

I'll preference this by saying I'm likely going to be asked to move back to NYC in the next few months and I'm ok with that. I like aspects of both kinds of places but everyone has to value the trade-offs for themselves (feel free to power up the old Excel to assist).

 
Aggravate:
I live in Richmond currently, have lived in NYC and grew up in Chicago. I frequently go to Texas on business. Obviously everyone's mileage is going to vary depending on what you actually like. Though to be fair, I think most of the college kids on this board are perfectly happy being told what they should like, particularly something with capital-P Prestige.

I won't give a rundown on Chicago, since Illini probably will write an extended diatribe on it's virtues.

NYC - Pricey as hell but anything you can imagine doing in a city (sports events, food, clubs, arts etc) you can do and you can do it damn near 24 hours a day, 7 days a week. Nothing new here, covered in a lot of other threads.

Richmond (Atlanta, Houston and Dallas are pretty similar so feel free to substitute) - Cheap housing but other upmarket things (food, entertainment, bars) are as expensive as DC but not quite NYC. People are generally polite. You have to drive EVERYWHERE and even while in the city, which is pretty walking friendly, people will think you are a mutant for not wanting to drive distances greater than 500 yards. Girls in my experience are about average looking but generally have a better attitude. People aren't generally impressed with status or money (lets face it, nearly anyone can get enough credit line to appear wealthy for a while). If you like a suburban lifestyle you'll like Richmond . If you like outdoor activities (hiking, fishing, hunting) you can do these things. The South has great and affordable golf courses. If you like to golf and live in NYC, good luck. The other benefit is that schools like Vanderbilt, Duke and especially service academy's are a lot more "prestigious" in social and business circles than Wharton or even HYP because it would indicate you aren't some "jackass Yankee who thinks queer as folk is the best show on television" (direct quote).

My favorite thing about Richmond (former capital of the Confederacy) is after a night of drinking walking down Monument Avenue (so-called because it is lined with Monuments to Robert E. Lee, Stonewall Jackson etc) and loudly exclaiming that it should be called "Losers Lane." People still think that war matters down here so its good for a few laughs.

I'll preference this by saying I'm likely going to be asked to move back to NYC in the next few months and I'm ok with that. I like aspects of both kinds of places but everyone has to value the trade-offs for themselves (feel free to power up the old Excel to assist).

Vandy and Duke are great schools and are respected almost anywhere (at least in the U.S.). It's true that southerners look upon the elite east coast schools with suspicion, but don't fool yourself. HYP is ultra-prestigious wherever you go. They're the gold standard by which all other schools are judged. A HYP grad who is not a snob, outgoing, decent people skills, can do very well in the south. This is especially true if you're a native southerner returning home after school (ie. Bill Clinton).

 

I went to school in Ft. Worth, nightlife is fun for about 6 months and then you find yourself at the same few places on the same nights... Dallas is way better than Ft. Worth for going out and Austin is the best city for a fun nightlife in Texas. I grew up in Houston and wouldn't mind moving back but i would have to be in my upper 30's or early 40's. I just sold my car because i live in Chicago and not having to drive after a late night at the bars is priceless.

 

West Coast---

bay area has amazing weather, CA has awesome girls, Cost of living is expensive but not as bad as NYC only gets to 45 in the winter---not more than 70 in the summer--- awesome culture, food, entertainment---drive 1.5 hrs from SF u have some of the best skiing in the world---

isnt the heart of finance---- but tell those dudes living on 17 mile drive in carmel---overlooking the ocean with Pebble Beach as their backyard that they are in the wrong place----

IVY for Life
 
futuretrader1999:
West Coast---

bay area has amazing weather, CA has awesome girls, Cost of living is expensive but not as bad as NYC only gets to 45 in the winter---not more than 70 in the summer--- awesome culture, food, entertainment---drive 1.5 hrs from SF u have some of the best skiing in the world---

isnt the heart of finance---- but tell those dudes living on 17 mile drive in carmel---overlooking the ocean with Pebble Beach as their backyard that they are in the wrong place----

This for sure.

The only place in the US I would ever realistically want to raise a family is in the Bay. Preferably in SF, but there are incredible suburban options as well. I would totally love life in North Bay (Sausalito, Tiburon, Belvedere, etc.) or the SV (Atherton, Los Altos, Los Gatos, etc.).

“Millionaires don't use astrology, billionaires do”
 

I would venture to say that no one on this forum will ever get to a position to buy a house on 17 mile drive in Carmel.

My grandmother, aunt, and uncle live in Monterrey and used to live very close to Pebble Beach. Great, great area!

 

I would take my own life before living in Miami. Good god, take the douche out of dallas, shave his head, make him gay...add in a chance to get shot in the face on every street corner, mix.

New York is great place to visit but I wouldn't live there for less than 2mm a year. It's dirty. The people are ugly. Don't even start me on the unions. Every time I saw "local xxx" I would shit my pants, tell them how worthless they are, and die. In that order.

Wow they have some restaurants, awesome. So does every other major city in America.

The worst part though is probably the God-awful regional college football coverage I would be subjected too. Oooh, Rutgers/Syracuse! Gather round kids! Kill me.

I fully grant NY primacy in the financial arena, but the aforementioned plus taxes are the reason TX is the all-around king.

 
Cartwright:
I would take my own life before living in Miami. Good god, take the douche out of dallas, shave his head, make him gay...add in a chance to get shot in the face on every street corner, mix.

New York is great place to visit but I wouldn't live there for less than 2mm a year. It's dirty. The people are ugly. Don't even start me on the unions. Every time I saw "local xxx" I would shit my pants, tell them how worthless they are, and die. In that order.

Wow they have some restaurants, awesome. So does every other major city in America.

The worst part though is probably the God-awful regional college football coverage I would be subjected too. Oooh, Rutgers/Syracuse! Gather round kids! Kill me.

I fully grant NY primacy in the financial arena, but the aforementioned plus taxes are the reason TX is the all-around king.

SB for you

 
Cartwright:

I would take my own life before living in Miami. Good god, take the douche out of dallas, shave his head, make him gay...add in a chance to get shot in the face on every street corner, mix.

Typical redneck hater. Probably never even been to Miami.

PEB
 

[quote=monty09]when your not paying NYC rent you can do this with your extra money

http://blogs.chron.com/newswatch/2010/12/forbes_houston_is_no_1_place_t…] No offense to ms. Barash, but 7 for allmankind haven't been " trendy" in a rather long time. While Houston and Dallas have a lot of retail space, it is usually space filled by chain stores, and the higher end stores have a much smaller selection than flagships in NYC or LA. Dallas and Houston NM are super conservative to boot. Austin isn't much better, the shops at domain are definitely no rodeo drive.

More is good, all is better
 

[quote=Argonaut][quote=monty09]when your not paying NYC rent you can do this with your extra money

http://blogs.chron.com/newswatch/2010/12/forbes_houston_is_no_1_place_t…] No offense to ms. Barash, but 7 for allmankind haven't been " trendy" in a rather long time. While Houston and Dallas have a lot of retail space, it is usually space filled by chain stores, and the higher end stores have a much smaller selection than flagships in NYC or LA. Dallas and Houston NM are super conservative to boot. Austin isn't much better, the shops at domain are definitely no rodeo drive.[/quot

sb for you

 

since the financial crisis there has been an outpouring of young demographics moving from NYC and LA and typical hot spots to the pacific northwest and to texas.

since we are discussing about which states/places are best, you also have to factor in the jobs and the fact that this is a finance board. NYC will take the lead on that although texas definitely has the trump card in the world of energy finance. so when you say san diego, colorado, etc... sure.. but what are your chances of getting into a high finance role there? id live in bali on the beach for dirt cheap and spearfish and surf nonstop but there wouldnt be much in terms of high finance (someones going to prove me wrong on this, i know it lol)

cartwright youre obviously not a foodie :) otherwise that 'NYC has restaurants so what' would be much different. houston and austin definitely have some good eats but you will be hard pressed to be able to get ethiopian, moroccan, persian, uzbek, etc kinds of cuisines with a variety of choosings elsewhere... even san fran which is 2nd foodiest city has shortcomings against NYC. if i move down to texas this will definitely be something i miss as i am huge on food. frieds can back my comment up on all this if he actually reads this post lol

as a native of connecticut, i will say that our blue states education destroys the red states single handedly. there are definitely good pockets of schools or private schools in certain metro areas, but to try to argue mass/ct/NJ/westchester type public schools vs a typical public school in 'red' states in general i am quite sure you will see a large discrepancy. despite being libertarian i do think education is of utmost importance and should be focused on much more.

lacking football coverage should be an issue when you work on wall street and can afford whatever football package you so desire.

as ive said before i like texas a lot but also like NYC a lot and think there are plenty of ups and downs to both.

 

I love these pro-Southern girls comments. I suggest opening your eyes and realizing these belles are slowly pushing towards an average BMI in excess of 30 in most parts of the South. I go to college in the south, been to enough southern schools and yea, the girls are cute. At the same time, I have visited Maryland, Boston-area and they are as cute. There are nice girls in the South, there are nice girls up north. Southern warmth many times is about as superficial as the warmth from those heatpacks you can scrunch together. I have seen some vicious, catty behavior that will make Northern girls look like Mother Teresa.

Its already been mentioned how in the South its weird if you are unmarried at 30. Its also been established via countless medical statistics that the South suffers an obesity problem. I can't be the only one realizing a causation here. Want to play the field post 30, good luck (this applies to the girls too).

Now I am not saying Northern girls are any better. What I am saying though, is there is likely not a single place in the U.S. which has a monopoly on awesome girls. If that place existed it would have been some sort of a mecca for dudes. Girls in the south and north are the same. Some will be sexy and cool. Some will be terrible. No need for glorification.

Everything said applies to the men as well for our female members.

 

New Orleans has hot chicks, elbow room and TOURISTS! Trifecta! And as a buddy once told me, "you can clear the work ethic hurdle here in street shoes." Listen to Eddie, he knows of what he speaks...

A good friend will come and bail you out of jail...but a true friend will be sitting next to you saying, "Damn...that was fun!"
 

Houstonians,

I'm sorry for calling Houston a shithole. I've felt guilty about this for the last couple of days. Please accept my apology.

Detroit is a shithole. Houston is not a shit hole. The titty bars Monty speaks of alone make Houston a pretty decent town.

 
Dr Barnaby Fulton:
Houstonians,

I'm sorry for calling Houston a shithole. I've felt guilty about this for the last couple of days. Please accept my apology.

Detroit is a shithole. Houston is not a shit hole. The titty bars Monty speaks of alone make Houston a pretty decent town.

only city that has more is ATL... Dallas in my eyes has the best

 

California's got attractive people and fantastic weather, but puts kind of a ding in that whole "blue states are better educated" line... we gave you Nancy fucking Pelosi, that takes an average IQ of about four. When asked, the best reason half the kids in my graduating class were able to come up with for why they loved Obama was "he's a great speaker."

Also, the drivers? I've often found myself speeding ferociously past every other driver on the highway while doing 70.

Beautiful scenery and all, but the typically moronic population not really worth it.

"I don't know how else to put this, but... we're over." "Okay. I disagree."
 
liberty:

Also, the drivers? I've often found myself speeding ferociously past every other driver on the highway while doing 70.

Same thing in Colorado. It's all that legalized MJ.

More is good, all is better
 

Dudes. Are we seriously arguing Houston versus New York? I mean I've lived in both, and they each have their own merits but to say one is clearly better than the other on something that is completely subjective is absurd. It's childish.

Houston has open spaces, warm weather, cheap living, Rodeo, southern hospitality, etc..

New York is international, type A driven personalities, some of the best and brightest people working in the city and tons of events to partake in...

It all depends on who you are as a person. I worked in banking with a guy who loved the South and didn't appreciate NYC but did take advantage of the fine arts, he's enjoying himself now in Texas and prefers it there. Was he wrong? No, just different. And it's fine. Even the people look slightly different. It's the South and brought a different type of European immigrant versus nyc which is heavy on italians, russians, irish and jewish people. It's not a bad thing. Just different. lol

 

i moved to houston from los angeles almost 2 yrs ago.

the money is comparable to any major city, but no state tax and much more affordable living.

the weather sucks (but then again so does NYC) , theres little to do relative to nyc la sf chicago, and i think there isnt much diversity once u get ouside of "THE LOOP", but the trade off is if u are making decent coin and renting, chances are you are going to be saving A LOT and even more so if u live in the burbs (but u might kill urself out of depression ) as for traffic...compared to LA or NYC houston is only bad if u live in the burbs, i live in the loop and it takes me

 

Well, it's been 2 years since I last commented on this lovely post. I still have a soft spot for the ladies of the South, and I wouldn't mind relocating to Houston for work at all. Thanks to Monty09 for showing it all off at the Energy Rodeo.

Metal. Music. Life. www.headofmetal.com
 
<span class=keyword_link><a href=/resources/skills/finance/going-concern>Going Concern</a></span>:
Edmundo Braverman:

Don't get me wrong. If uptight, career-focused chicks under five layers of winter clothing are your thing, New York's gonna be tough to beat.

I just read this line and laughed so hard.

Likewise.

Metal. Music. Life. www.headofmetal.com
 

This is great. I feel like this might as well be titled NYC vs XXXX City. Through talking with people, I've realized that the guys working in these regional cities are skeptical about if you actually want to work there and think you would accept any NYC offer over theirs.

If anyone that doesn't work in NYC wouldn't mind answering, how can I convince someone that I would love to work in their city when all of my ties ( hometown and school ) are to the northeast?

 
Gerry_Garner:

If anyone that doesn't work in NYC wouldn't mind answering, how can I convince someone that I would love to work in their city when all of my ties ( hometown and school ) are to the northeast?

interested in this as well.

NYC gets pretty hot too, summers wont be too comfortable in either locations as both are humid.

 
high hopes:
Gerry_Garner:

If anyone that doesn't work in NYC wouldn't mind answering, how can I convince someone that I would love to work in their city when all of my ties ( hometown and school ) are to the northeast?

interested in this as well.

NYC gets pretty hot too, summers wont be too comfortable in either locations as both are humid.

The easiest way to convince someone of this is tying in your interest in a specific industry . If you want to do energy, the center of the world is Houston. Healthcare and tech have a strong presence in SF. Chicago has a bunch of industrial coverage groups. Other than this, alluding to the fact that you've spent time in NYC and would prefer NOT to be there are the only things you can really do. It will always be a slightly uphill battle against regional target schools unfortunately.

 
Gerry_Garner:

This is great. I feel like this might as well be titled NYC vs XXXX City. Through talking with people, I've realized that the guys working in these regional cities are skeptical about if you actually want to work there and think you would accept any NYC offer over theirs.

If anyone that doesn't work in NYC wouldn't mind answering, how can I convince someone that I would love to work in their city when all of my ties ( hometown and school ) are to the northeast?

Pick a city you like and be honest with them. I moved down here to Texas for the weather and the womens...I don't work in finance but I could have easily got a job in NYC since i'm from the area.

alpha currency trader wanna-be
 

As a finance major at a school in Texas (that is located near Houston), I have been entertaining the thought of starting off my career in New York. There's pros and cons to both cities obviously. Nothing beats Wall Street and the unique culture of NY, but it's not for everyone.

Then again, Houston is a great city also. For those who rag on Houston...know that there's certain parts of Houston that are worse than others. You can't judge the city from the impression you got while driving through South or Southeast Houston. A lot of young finance and business professionals populate the midtown and uptown area. There are a lot of fraternity guys from UT, A&M, SMU, TCU (my kind of people), and the sorority girls who went to school not just looking for an MRS degree. Then you have the petroleum, mechanical and electrical engineer majors working at solid companies in Houston also.

Dallas is filled with hoity-toity people. Houston is diverse.

Houston is filled with frat douchebags yet the same person would rather move to MIAMI?? I'd take a frat guy any day over a spiked up-hair do, jersey-shore wannabe tatted up meathead looking jackass who drives a pimped out Dodge Charger.

To be honest, Houston isn't THAT southern...for the northern people worried about being shunned by all the "southern belles". There is a place for almost anyone. Not everyone down here is driving a lifted dualie with smoke-stacks out the bed of the truck.

Houston has great residential areas. The areas around Houston are amazing, as are the schools. The Woodlands, Memorial, Cinco Ranch, Stratford area, River Oaks, Sugarland, etc. Just stay away from Houston Independent School District schools if you have a family and kids.

Also, good job with the last Energy Rodeo monty09. We enjoyed it.

 
GrandJury:
Houston is filled with frat douchebags yet the same person would rather move to MIAMI?? I'd take a frat guy any day over a spiked up-hair do, jersey-shore wannabe tatted up meathead looking jackass who drives a pimped out Dodge Charger.

Again another redneck hater. I bet you can't speak one word of Spanish so you could never even approach a gorgeous Miami Colombiana or Venezuelana.

PEB
 

There's no perfect city, it all depends on what you value. You lose when you pay for things you don't value and you win when you pay for only the things you do. NYC obviously sucks the big one in a vast number of ways, but as some small consolation there's a lot to do and you're never bored. Houston is cheap so that's nice, but I would never live there.

 

All this hyperbole is so funny. Good call bringing this thread back; really enjoyed it first time I read it a few years ago.

I think it varies based on what you value. It really is amazing how much farther your money goes when you get out of NY. I don't particularly like the South (I lived in Nashville for a couple years), but I know it works for some people. If I had to live in the South, I'd probably choose Atlanta or Charlotte over Houston, Dallas, or any other Texas city (or any of the smaller cities in the South).

I currently live in Philly, a lot of the stuff that you like about NY (lots of nice restaurants and things to do; very walkable city, very safe too if you're in center city - center city is to philly like manhattan is to new york), but it's half the cost of NY (or less). Baltimore is a bit too small and less safe in its urban core (Fed Hill is quite nice though); Boston is nicer but much more expensive (almost as much as NY depending on where you are); and Chicago is really nice and affordable but very, very cold.

Every city has its plusses and minuses, it's more about finding what best suits you. I can enjoy the random weekend in NY, but I wouldn't want to live there. There are tons of high paying jobs outside of NY; yes, even finance ones. If you want a NY-type of city that is not as expensive but is similar as far as culture, people, and lifestyle; Chicago, Boston, Philly, Baltimore, DC, SF are your best bets. My biggest complaint with NY is that it's too expensive and too stressful a lifestyle. Houston is mad cheap but southern belles and driving all day are not really my cup of tea. There's a lot of other options besides those two.

 

Keep in mind Texas is a different culture than the South. My family is from Dallas HP but I was born in Houston and have lived my whole live in Piney Point and Hunters Creek. If you don't live in Memorial (Southern conservatives), Tanglewood (increasingly Mexico City families, professional athletes, and Mediterranean houses), West U(limousine democrats), or River Oaks(falling apart old money and the nouveau riche), Houston is a dump. Either that or you live in safe, new, cookie cutter McMansion developments like Cinco Ranch or Klein. I don't know anyone who really likes Houston, with it's cheap strip malls, 100+ degree humidity, and sweaty culture, but our dads laugh about how easy it is to make money in oil. After my younger brother leaves for college my parents will probably move back to Dallas.

 
Invilliers:

Keep in mind Texas is a different culture than the South. My family is from Dallas HP but I was born in Houston and have lived my whole live in Piney Point and Hunters Creek. If you don't live in Memorial (Southern conservatives), Tanglewood (increasingly Mexico City families, professional athletes, and Mediterranean houses), West U(limousine democrats), or River Oaks(falling apart old money and the nouveau riche), Houston is a dump. Either that or you live in safe, new, cookie cutter McMansion developments like Cinco Ranch or Klein. I don't know anyone who really likes Houston, with it's cheap strip malls, 100+ degree humidity, and sweaty culture, but our dads laugh about how easy it is to make money in oil. After my younger brother leaves for college my parents will probably move back to Dallas.

I LOVE HOUSTON

 

Only rednecks would enjoy Houston and Texas in general. NY is an overpriced cess pool. Miami is the only interesting city in the US mainly because not only it's beautiful and full of gorgeous latinas (lol at the person who said southern girls are the best) but also because in many way culturally it's a lot more similar to Latin America and southern Europe.

 

Then stay in Houston/Texas and enjoy its awesome quality of life playing beer pong or going mudding/hunting on weekends with bunch of rednecks. I am off to pool party at SLS hotel in beautiful exclusive South Beach surrounded by gorgeous "latinas" from each and every country below the US border.

PEB
 

I actually do hunt on the weekends, fish too. Not much on beer pong these days, I've outgrown that.

Remember this, "rednecks" built this country by the sweat on their brows. That's something your soft ass couldn't handle.

 
txjustin:

I actually do hunt on the weekends, fish too. Not much on beer pong these days, I've outgrown that.

Remember this, "rednecks" built this country by the sweat on their brows. That's something your soft ass couldn't handle.

Fishing in the brown polluted waters of Galveston? I prefer to do it in KEY BISCAYNE. Have you been there?

How do you come to the conclusion that rednecks have better work ethics? Rednecks won't survive when the hispanic population becomes the majority in Texas, Florida, California, etc...They will have to move to North Dakota very soon due to their ignorance and inability to understand different cultures and speak different languages.

PEB
 
ronaldinho10:

Then stay in Houston/Texas and enjoy its awesome quality of life playing beer pong or going mudding/hunting on weekends with bunch of rednecks. I am off to pool party at SLS hotel in beautiful exclusive South Beach surrounded by gorgeous "latinas" from each and every country below the US border.

My little brother loves pool parties... He is 7....

 
monty09:
ronaldinho10:

Then stay in Houston/Texas and enjoy its awesome quality of life playing beer pong or going mudding/hunting on weekends with bunch of rednecks. I am off to pool party at SLS hotel in beautiful exclusive South Beach surrounded by gorgeous "latinas" from each and every country below the US border.

My little brother loves pool parties... He is 7....

hahaha
 
monty09:
ronaldinho10:

Then stay in Houston/Texas and enjoy its awesome quality of life playing beer pong or going mudding/hunting on weekends with bunch of rednecks. I am off to pool party at SLS hotel in beautiful exclusive South Beach surrounded by gorgeous "latinas" from each and every country below the US border.

My little brother loves pool parties... He is 7....

You have a little brother who's 7? Aren't you like almost 30.

 
monty09:
ronaldinho10:

Then stay in Houston/Texas and enjoy its awesome quality of life playing beer pong or going mudding/hunting on weekends with bunch of rednecks. I am off to pool party at SLS hotel in beautiful exclusive South Beach surrounded by gorgeous "latinas" from each and every country below the US border.

My little brother loves pool parties... He is 7....

That's because in Houston people have no idea what quality of life means. They are too busy getting married and having kids in their 20's and then have to pay child support and alimony in their 30's.

PEB
 

I will never understand anyone defending a city like it is their honor. It is just a place to work. Each city has pros and cons. Way too many people taking their personal preference and projecting it onto other people.

Personally, I think Houston is pretty nice. Close to the gulf, great SOL, plenty of finance jobs and no state income tax. NYC is awesome also. Different strokes for different folks.

I hope new readers avoid this thread as it seems to be infested with 22 year old's who think the city they give in magically makes them special.

@Monty - looking forward to catching up with you at the WSO conference.

 
<span class=keyword_link><a href=/company/trilantic-north-america>TNA</a></span>:

I will never understand anyone defending a city like it is their honor. It is just a place to work. Each city has pros and cons. Way too many people taking their personal preference and projecting it onto other people.

Personally, I think Houston is pretty nice. Close to the gulf, great SOL, plenty of finance jobs and no state income tax. NYC is awesome also. Different strokes for different folks.

I hope new readers avoid this thread as it seems to be infested with 22 year old's who think the city they give in magically makes them special.

Old thread that was dug up, but as someone who lives and works in Houston, this echoes my sentiments perfectly. I'll never understand people who feel like they need to live a certain place because it is "better". There's pros and cons to every place. If you can't be happy anywhere, you should look at yourself, not where you're living.

 

Agree with posters above that there are many pros and cons.

The big difference I see is state and city taxes. The trade off is, less stuff to do in Houston for more money in the bank.

If you want to keep more of your money in high earning years - Houston allows you to do it.

 

Every city has its pro's and con's... New York is interesting but it is extremely expensive. The cost of living does not make sense when you compare it to places like houston. Obviously if you are in finance and can not get something in houston or you have better options in New York, then it makes sense to live in New York.

If you have a decent job and are looking to maximize your savings and are not geographically restricted, houston makes better sense. If you are a single guy, there are girls in every state. If your game is on point, regardless of your location, you'll meet girls. The overall impression that i get on this site is a lot of 22 year old kids idea of getting a girl is going to a club and doing bottle service with 3 or 4 other guys, most likely they get girls that dance with them and use them for drinks and disappear or the girls stick around and milk them for their money. Ability to meet women should not dictate where you want to live.

Personally, i am in my early 30's. Have a great wife, about to start a family, i just cant see myself doing that in New York City. Career wise New York doesnt offer me any additional benefits either so i'll be moving to houston in the near future. Yes it will be a cookie cutter neighborhood with no excitement but i know very well my money would go further there than it would in New York city.

 
Obi2012:
The overall impression that i get on this site is a lot of 22 year old kids idea of getting a girl is going to a club and doing bottle service with 3 or 4 other guys, most likely they get girls that dance with them and use them for drinks and disappear or the girls stick around and milk them for their money.
ouch...

yet... so true... you dont need a damn bottle to get some yambs from a chick.

and not everyone in the south is hunting and camping.. I'm not sure many of you guys actually spent time in houston.

 

New Yorkers DO have an enormous chip on their shoulder whenever they visit other cities. For a city that prides itself on a devil-may-care, no-nonsense "attitude," we spend an awful lot of time getting into pissing matches with other metros.

Metal. Music. Life. www.headofmetal.com
 
  1. At my firm there is no difference between the bonuses in our NY and Houston offices (+1 for Houston)
  2. If you land a good job in Houston and it's in the sector you want, then be content. There are plenty of good jobs there in the banking sector, though as you mentioned, the majority of which are energy focused.
  3. Not sure on this one. I worked in oil and gas in Houston for a few years and was able to transfer to a different industry focus in NY. The nice thing about about energy is there is a lot of deal activity, so this experience helped me land where I am today.
 

If someone wanted to pursue energy, would they have trouble getting into an LBO buyout shop (MM or MF)?

What I am getting at is, are PE firms partial to certain sector experience (TMT, etc).

Regards

The difference between successful people and others is largely a habit - a controlled habit of doing every task better, faster and more efficiently.
 
  1. Generally no difference.
  2. Probably not, but making connections in NYC is generally easier.
  3. Consumer / retail doesn't limit your ability to work at PE shops. It's one of the industry groups that pigeonholes you the least. I don't think that energy pigeonholes you much, but there are a lot of PE funds out there that focus exclusively on the energy sector or have a Houston office that specializes in energy. Those funds generally recruit mostly banking analysts from Houston and a lot of analyst who focus on energy go to those funds because from a recruiting perspective it's easier to go there than going to a generalist fund.
 

I'm currently Houston IBD, and I have gotten similar feedback as those above have given. I have many friends who have moved from Houston Energy IBD to PE shops that focus on Energy. Also have friends from NY that have moved back to Houston for work here. They are all Texas guys though so are biased to come home. Point being, Houston offices will recruit mainly Houston people, but are open to other places as well.

Minus the humidity and randomness that you can find in Houston, its a good place to work. Taxes are great as well

"Now watch this drive." -W.
 

I grew up in New York, worked in banking for 5 years, and finally made it out of the city for a new job in the mid-Atlantic. I'm going to bschool this Fall and am seriously considering moving to Houston afterwards. The thought of returning to New York afterwards is just awful - if I'm going to slave away at work I want to get something for it. The fact that I currently, and plan to work in energy for the remainder of my career makes it an absolute no-brainer.

 

There is no reason whatsoever, other than cost of living, for there to be a discrepancy. However, even at the junior level, compensation is structured exactly the same across North America for bulge bracket firms. Helped by a zero percent income tax and a cheaper cost of living, and only slightly mitigated by obscene parking rates ($150-200/mo), Houston wins out.

 
johnwayne7:

There is no reason whatsoever, other than cost of living, for there to be a discrepancy. However, even at the junior level, compensation is structured exactly the same across North America for bulge bracket firms. Helped by a zero percent income tax and a cheaper cost of living, and only slightly mitigated by obscene parking rates ($150-200/mo), Houston wins out.

if you call living in a perpetual sauna for 5/6th of the year and having to drive everywhere winning, then yes.

Otherwise, be the biggest douche you can be - NYC or bust.

speed boost blaze
 

Why is it always: "I'm a proud Texan"? Literally every conversation I've had with someone from Texas, they've at some point informed me they're from Texas.

"Yea I'm a proud Texan" or "I'm from Waco Texas"

To be honest I just want to respond with, " Is that north or south of the Rio Grand' ." Jokes aside, why is that? I've never met someone proud to be from Vermont, or at least proud enough to tell me about it.

 

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