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Affordable is relative. You can find a good place downtown for ~ $1500 and the quality you get for the price would be mindblowing to NYC or SF residents while s
by reno9111 8y ago
Affordable is relative. You can find a good place downtown for ~ $1500 and the quality you get for the price would be mindblowing to NYC or SF residents while still being pricey for Texans. For most people in tech 1500/mo is very very affordable.
- chrisco255 8y agoYeah I think rent is pretty reasonable in Austin, coming from South FL where salaries are relatively low and rent/housing is just as high as here. But I think a lot of Austinites remember 5 years ago when you could buy a house almost anywhere in the city for $250K. Now those prices are $100K higher or more.
- jrochkind1 8y agoI think it depends on what you mean by "people in tech", I don't think the actual median income of people "in tech" is anywhere CLOSE to what the bay area economy involved HN reader might think. But even leaving that aside, guess what's not going to be at all reassuring to current residents of whatever city is gonna be the "next Silicon Valey" or even "next Austin"? "Oh, don't worry, rents gonna go up a LOT, but it's still gonna be affordable for MOST PEOPLE IN TECH. Just not most of y'all that lived here before all the techies got here."