Leebra austin
login register

Austin’s Surge of New Housing Construction Drove Down Rents

5 months ago by monica_b1998 to c/austin

save

share

report

After decades of explosive growth, Austin, Texas, in the 2010s was a victim of its own success. Lured by high-tech jobs and the city’s hip reputation, too many people were competing for too few homes. From 2010 to 2019, rents in Austin increased nearly 93%—more than in any other major American city. And home sale prices increased 82%, more than in any other metro area in Texas.
load all comments
clover 3 points 5 months ago

Won't someone think of the poor landlords

save

path: 0 22747848, hotness: undefined, score: 3, children: 2
hypockets 0 points 5 months ago

Meanwhile, what's your contribution to the world?

save

path: 0 22747848 22857477, hotness: undefined, score: 0, children: 1
clover 1 point 5 months ago

Weird whattaboutism, but OK, I spend 40 hours a week of my life designing and planning national infrastructure improvements and when I am not doing that I am building and reinforcing my local communities.

So what do landlords contribute to society?

save

path: 0 22747848 22857477 22867738, hotness: undefined, score: 1, children: 0
austin
austin

@lemmy.world

login for more options
1698
1184
50

Austin Community news, resources, chat, and memes Currently there are not smaller communities like classifieds or jobs like there was on Reddit, feel free to create any related communities and send me a message, I can link them here in the sidebar. For now, let’s feel free to post any content, as long as it’s related to Austin or Texas in general.

Rules 1) Be kind. 2) No spam or gofundme type requests. 3) No racist or other prejudices allowed.
If you see these please report them.

Currently we only have two mods, if you see something, please report the post using the three dots menu.

If you would like to help moderate, please contact me: https://lemmy.world/u/netburnr or on Matrix https://matrix.to/#/@netburnr:matrix.org

Related Communities

!texas@lemmy.world !austinfc@lemmy.world !houston@lemmy.world !dfw@lemmy.world

Austin Discord - run by hopexx

go to feed...