# Red states have spent decades dominating a key corner of the economy — will the blue wave change that?

- URL: https://talkfuse.com/story/red-states-have-spent-decades-dominating-a-key-corner-of-the-economy-will-the-blue-wave-change-that/
- Published: 2026-11-06T14:29:33+00:00
- Updated: 2026-11-06T21:55:21+00:00
- Original publisher: Fox News (publisher lean: Right)
- Original article: https://www.foxnews.com/politics/red-states-spent-decades-dominating-key-corner-economy-will-blue-wave-change-that
- Topics: Business, Economy, Research, Science, World

## Key points

- A study links stronger commercial property returns with red states.
- Researchers examined nearly 24,000 transactions.
- Texas cities gained 230 headquarters relocations from 2018 to 2025.

## Summary

A study by Net Equity Capital founder Mitch Flax found that red states have outperformed blue states in commercial property investment returns, raising questions about whether the advantage will persist as Democrats make gains in traditionally Republican states. The findings matter because differences in business policy may influence where companies invest and relocate, affecting jobs, capital and tax revenue.

Researchers examined nearly 24,000 commercial real estate transactions and classified states by how they voted in the 2024 presidential election. Separately, CBRE data cited in the article recorded 725 US corporate headquarters relocations from 2018 to 2025: Dallas-Fort Worth gained 111, Austin 88 and Houston 31, while the San Francisco Bay Area had a net loss of 163. The article does not quantify the investment-return gap, and the effect of the 2026 election results on state policies remains uncertain.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.