3 ms·
Austin's drop in rents explains housing in America
- restlessforge 6mo agoFinally a success story I thought during COVID there was a large shift to the suburbs where your own space was valued over neat stuff nearby, and that simultaneously raised suburban housing demand and cooled urban prices
- thelastgallon 6mo agohttps://archive.is/oVX6X https://archive.is/oVX6X
- khelavastr 6mo agothe real mvp
- dlcarrier 6mo agoHouston is even cheaper than Austin, despite being much larger, but Houston has always been big on YIMBYism, so they never shot up, to start with.
- WalterGR 6mo agoAlso see https://news.ycombinator.com/item?id=47433058 https://news.ycombinator.com/item?id=47433058 “Austin’s surge of new housing construction drove down rents” (pew.org) 815 points | 23 days ago | 1,026 comments