2 ms·

Supply and demand 101 is undefeated.

• alephnerd 2y ago
  Much less red tape thanks to political support, plus the fact that new housing now coming online in Austin were largely financed in the 2018-22 period. Don't underestimate the collapse of financing for residential construction. That's a bigger reason why there aren't as many new developments plus those that are prioritized tend to be priced much higher than to be affordable.