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Increases in Dallas and Los Angeles are about average over the decade. (National average is 93.9%) https://fred.stlouisfed.org/series/CSUSHPINSA https://fred.s
by projektfu 1y ago
Increases in Dallas and Los Angeles are about average over the decade. (National average is 93.9%)
https://fred.stlouisfed.org/series/CSUSHPINSA https://fred.stlouisfed.org/series/CSUSHPINSA
Here is another interesting chart:
https://fred.stlouisfed.org/graph/?id=CSUSHPINSA,SFXRNSA,LXXRNSA,NYXRNSA,DAXRNSA,PHXRNSA,MIXRNSA,ATXRNSA,NYXRCNSA https://fred.stlouisfed.org/graph/?id=CSUSHPINSA,SFXRNSA,LXX...,
Which place seems more expensive since 2000? Can you see the big drop in 2025?
I think the story of Atlanta and Dallas is a story of cheap housing being available for a long time until it started to get used up. In Atlanta, it's not just exurban development, a lot of in-city neighborhoods had some growing ability. But the mixture of people relocating to Atlanta and the constraints of a car-based city with difficult zoning have basically stopped new supply. Small single-family houses get replaced with larger single-family houses and the missing middle is harder to find.