2 ms·
I am with you. I am fortunate enough to own my own place but up until a few months ago I was living in an apartment. Not only are there no affordable 'starter
by wavefunction 10y ago
I am with you. I am fortunate enough to own my own place but up until a few months ago I was living in an apartment.
Not only are there no affordable 'starter' homes left near the Austin city center due to idle capital buying them all up and turning them into AirBnBs, one of the tenants decided to AirBnB their apartment when they were moving out.
Gotta love paying sky-high rent _and_ having to deal with a raucous party still going at 4AM on a Thursday.
- 6stringmerc 10y agoUh, that's not idle capital at play in Austin, that's a gigantic influx of California transplants that have been coming by the van load even before I left in 2008. Cashing out whatever they could real estate wise made them extremely flush with cash comparatively in Texas. Austin was always on the pricey side but the sprawl effect pretty much made the "unaffordable" circle bump out to a 1 hour commute radius, well, considering how terrible the traffic is that's not saying much...anyway, hope the place works out for ya.