I am not sure you are fully connected into the situation anymore. Rents have increased around 40% over 5 years on average and that includes the outlying areas t

I am not sure you are fully connected into the situation anymore. Rents have increased around 40% over 5 years on average and that includes the outlying areas that aren't really even Austin anymore. Home prices are skyrocketing and out of control, e.g., Mueller development is in the $800,000 range for 3/3 on what looks to be about a 1/8 acre lot where you have a car sized back yard and you're paying around 2% property taxes per year. Then there's also the Fitch assessment that Austin home prices are the most overvalued IN THE COUNTRY http://www.bizjournals.com/austin/blog/real-estate/2014/12/austin-home-prices-most-overvalued-in-the-country.html?page=all http://www.bizjournals.com/austin/blog/real-estate/2014/12/a... There is absolutely not way that the data is accurate, just alone the velocity of the Austin market guarantees that the data is inaccurate.