RealEstateJournal | Low Housing Prices Lure Employers to Albuquerque
RealEstateJournal Low Housing Prices Lure Employers to Albuquerque
By Maura Webber Sadovi Special to The Wall Street Journal Online
Albuquerque helped to launch Microsoft Corp., when Bill Gates and Paul Allen co-founded the fledgling software giant there in 1975 before moving to Washington state -- in part because of difficulty recruiting new hires in the then-remote desert region.
New Mexico's largest metropolitan area, overshadowed by faster-growing Western rivals such as Seattle and Phoenix, and dominated by smaller businesses, has long struggled to lure and keep big corporate players, says Lawrence Waldman, a senior economist at the University of New Mexico's Bureau of Business and Economic Research.
By Maura Webber Sadovi Special to The Wall Street Journal Online
Albuquerque helped to launch Microsoft Corp., when Bill Gates and Paul Allen co-founded the fledgling software giant there in 1975 before moving to Washington state -- in part because of difficulty recruiting new hires in the then-remote desert region.
New Mexico's largest metropolitan area, overshadowed by faster-growing Western rivals such as Seattle and Phoenix, and dominated by smaller businesses, has long struggled to lure and keep big corporate players, says Lawrence Waldman, a senior economist at the University of New Mexico's Bureau of Business and Economic Research.
posted by Patrick Leblanc at 1:02 PM
<< Home