What is going on in Austin?

Just was contemplating moving to a new city and thought of Austin. Obviously, theres been a massive shift of companies moving there. However, I noticed that housing prices are skyrocketing. I looked on Zillow and other sites, and there are so many homes within 5 miles of the CBD that have prices higher than Cali and the Northeast. Anyone hear live in Austin? Hows the traffic scene with the massive influx of people?

Comments (14)

 
Jan 22, 2021 - 12:06pm

Same issues they have in CA - the city isn't zoned for the density to supply enough housing for all the demand, so prices skyrocket.

Traffic is pretty rough as well, though this is less an issue of density so much as infrastructure - the roads are still built for a city the size of Madison but now the population looks more like Pittsburgh.

Great city and it's definitely developing alonside the population growth, but naturally there are some growing pains

 
Jan 23, 2021 - 1:09pm

The traffic and homeless problems are getting significantly worse. Cali people ruining our state and trying to pass the same dumb liberal policies that ruined their own.

 
Jan 23, 2021 - 11:06pm

Texas cities have kept a lid on house prices by being very loose on planning regulations. Austin, being the liberal "oasis" in the state has always bucked the curve on this and even at the beginning of the current boom was way pricier than say Houston/Dallas (source: my exes uncle bought a $2m place in Austin in 2016, it was average).

Now as everyone's pointed out Texas has attracted yuppies from California etc and cultivated its own tech scene. So you have this influx of high earning, liberal minded types basically throwing fuel on the fire.

 
Jan 24, 2021 - 12:23am

I really don't see the appeal, unless you're  in tech and have no choice. The other major Texas cities offer plenty of corporate opportunity for a fraction of the CoL, and still have the same "cultural" offerings if that's your thing

 
Jan 24, 2021 - 2:55am

Just moved from Austin to Chicago and I am satisfied. Austin traffic is the worst. Truck drivers don't mind to get in accidents. You can see car accidents everyday. Homeless ppl ask money on the road every corner. Only good thing about driving is the gas price is under $2 . Your car get steamed under the sun most of the year. Good luck.

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