3 ms·
The majority of the "more housing = cheaper rent" success stories crowed about on the internet correspond with net population exodus. Austin, Minneapolis, now S
by quacked 6mo ago
The majority of the "more housing = cheaper rent" success stories crowed about on the internet correspond with net population exodus. Austin, Minneapolis, now San Diego.
Edit: I think we should build several million more units of housing in the US. I'm salty because all the new housing I've seen is ugly shitboxes owned by national property firms that make everywhere feel like nowhere.
- tptacek 6mo agoAustin does not appear to have undergone a "net population exodus", at least not one visible on any of the charts I found (I stopped after FRED).
- wallst07 6mo agoI think you need to look at rate of change ( 1st derivative ), not net terms. Meaning population increase slowed down relative to new housing builds. OP didn't say this, but it's what I assume.
- tptacek 6mo agoI think the claim made used both the word "net" and "exodus" and was simply false.
- usefulcat 6mo agoDo you have a source for the claim that the population of Austin has decreased recently?