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How is it in Austin? Is it possible that the exodus from California explain more than the pandemic and WFH
by alfor 4y ago
How is it in Austin?
Is it possible that the exodus from California explain more than the pandemic and WFH
- rossdavidh 4y agoLots of messed up things with Austin real estate, but office spaces are not this empty. In fact I have heard that it is one of the less empty metro areas right now, in terms of office space. There also seems to be a lot of traffic downtown, which is annoying but means someone must be working/living there. But again, lots of messed up things in the real estate market of Austin generally; the residential market has essentially frozen up, with sellers unwilling to admit how much things have dropped, and the buyers unwilling to pay for houses they know aren't going to be worth that much in a year's time or less.
- kjkjadksj 4y agoThe exodus is overstated. Research has shown its actually a brain drain from texas while texas receives low skilled labor. https://www.latimes.com/opinion/story/2022-10-17/california-texas-migration-why-people-move https://www.latimes.com/opinion/story/2022-10-17/california-...