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Houston is a symbol of wealth and cultural diversity, with a population of over 2 million, and residents from cultures from around the world. Houston is home to many Fortune 500 companies, as it is a city which is very welcoming to business owners, both old and new. The city has a wide range of new and older businesses, including many medical, technology, research, and professional services such as law firms. Houston is a very sought after area to live and work in, as the cost of living in is by far lower than the rest of the United States.