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Uh, 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 20
by 6stringmerc 10y ago
Uh, 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.