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As someone who lives somewhere with an actual housing crisis, I just did a Zillow search for homes in Austin and I don't think you quite understand what a housi
by mdoms 5y ago
As someone who lives somewhere with an actual housing crisis, I just did a Zillow search for homes in Austin and I don't think you quite understand what a housing crisis looks like. Your homes look dirt cheap by Kiwi standards.
- etchalon 5y agoThey look cheap because they're underpriced. At the moment, most houses are closing 15-20% higher than list and a lot of them are offered in all cash deals. That's slowly changing, but I suspect that's temporary.
- mehrdada 5y agoBay Area homes are like that too. I implore you to check some Zillow in Mountain View and compare. Not in the same ballpark even.
- etchalon 5y agoYou're comparing Mountain View, a town of 80,000 people and 12 square miles, to ALL of Austin, with 270 square miles and nearly a million people. There are incredibly expensive parts of Austin. There are cheaper places in Austin. The areas where upper-middle class Bay Area tech workers would want to love are not in the cheaper areas.
- mehrdada 5y agoMountain View is just an example, and not an extreme one like Atherton or Palo Alto. Even if you go as far as say Pleasanton the market is still in another league compared to Austin.