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Affordability is relative. There's lots of real estate investment going on - a coworker had a Chinese family buy three homes on his street to rent out (total tr
by chiph 11y ago
Affordability is relative. There's lots of real estate investment going on - a coworker had a Chinese family buy three homes on his street to rent out (total transaction was well over $1 million). So prices are going up pretty quickly because there are bidding wars going on.
So far as livability - are you ok with 41C temperatures and constantly being in a drought? With summer peaks to 46C?
- stuxnet79 11y agoHey, I live in Toronto dude. I am absolutely OK with it being too hot for a change. & we are having the same real estate issues over here too. Rich Chinese investors totally polluting the real estate market making it difficult for native Canadians to rent, much less purchase homes in the area.
- maloney 11y agoYou are describing the worst summer in Austin. Last summer was much cooler.
- chiph 11y agoBut what will this summer be like? Just trying to set expectations.