The Local Blog Questions and Answers 2014 pt.2

What are inside those taller buildings? The Big ones?
That's where companies lease space to work, and that's it. Someone builds the building, owned usually by a company of investors and then other companies who need space to work, lease out the building space. It's an Apartment building for Companies. Companies can work more than one location, providing services in multiple regions. Middle and lower management stay at the work site location, then the corporate office could be in another state, in one of those high office spaces. The reason for separate state location is different states offer  different tax benefits that suit their business needs, so the corporate office is based where they can setup affordably. 

I've also seen trade schools use the office buildings, training and simulation businesses, telemarketing centers, customer service centers, etc. It's simply an office area with a view.

What are the Banks like there?
There are in general, 2 types of Banks here, all purpose banks like First Convenience Bank, and then theres Credit Union Banks. The Credit Unions are considered by far the best for the middle class borrower, a much more community minded bank. Some of the "all purpose" business banks have been known to scheme and cheat their customers, charging high interest rates, high over draft fees, and caught at times resequencing transactions to force low accounts to overdraft. I'm unsure why people still use banks with those reputations who didn't help them during recession times. There's a Documentary on the financial crisis that occurred just a few years ago, where banks toppled, car companies and airlines went bankrupt, and the housing market collapsed. The Documentary is called "Too Big to Fail", a suggested watch with research into the American recession of 2008. There has been a recession or depression almost every 20-25 years like clock work, so always preparing for the next one is advised. 

Where to buy a car?
It's pretty easy to get a car around here. No car, then you take public transportation, which is provided very well in Dallas metroplex. The Dart bus system is connected to a train line, running between Dallas and Ft. Worth. The train then goes to several suburban cities and towns, very fun to ride, clean, air conditioned, a real joy. Cars dealers in Arlington City are many, and public transportation reaches some parts.      

Posted in: The Local Blog