According to MagnifyMoney, a subsidiary of Lending Tree, Austin Texas is the most changed city in the country over the last ten years. The changes cited were the dynamic transformations in the housing market, incomes, crime rate, and overall economy when compared to similar sized cities and larger cities. The ten year study was from 2006 to 2016. The report stated that increased home prices and commute times can be negative but can be reflective of positive developments such as job growth and income growth.
No doubt about it, Austin has changed and it looks like it will continue to change for the foreseeable future.
And for those of us that provide residential rentals for all these folks coming to our area, the future looks good, real good.
Rick Ebert / Austin, Texas / 22 Oct 17