Interesting news at The Whited Sepulchre. Read the whole thing and note the point made after the list.
Their formula takes into account projected job growth and housing prices. Here's the list:
1. (tie) Washington, DC-Arlington-Alexandria
2. (tie) Austin-Round Rock
3. Dallas-Fort Worth-Arlington
4. (tie) Minneapolis-St. Paul-Bloomington
5. (tie) Houston-Sugar Land-Baytown
7. San Antonio
9. Los Angeles-Long Beach-Santa Ana
10. Kansas City (Missouri and Kansas)
Skip this rant, since it doesn't really contribute to the argument in this post: Seeing Washington D.C. ranked as the most recession-proof enclave on the planet should come as no surprise, since our system requires all the tax, stimulus, lobbying, porkulus, and kickback money to go there first so that our Lords and Masters can take their cut off the top. Look at the huge pay increases given to Department Of Transportation employees, for instance. The number of employees breaking the $170,000.00 per year barrier has increased by 1,680 % in just two years, while the rest of us struggle through a recession. Nice, recession-proof work if you can get it.