Austin TX folks, how do you deal with the fact that the local housing market is in recession right now?
Prices dropped a lot, too many supply, Airbnb revenues dropped, etc. etc. #housing
Not enough. Give it another year or two before buying.
Crashes another 20-30% in next 12 months..
And these were rich people working in Bay Area, Seattle and New York who bought. These people run these big FAANG companies.. Best talent etc.. Harvard educated.. MBA..PHD.. I lost faith in USA talent. These people were idiots.
Which one is your property? Are you the seller or AirBnB owner?
Sheer curiosity…who chooses to vacation in Austin?…why so many airbnbs?
SXSW and ACL are two big events that draw people
How do I deal with it? I just keep L-i-v-i-n
We spend 7% of our household income on our mortgage, so we’ll be all right! 🤠 In SF it was 40%. 🥳
Good, prices going down are good for the economy and for normal people. I love seeing speculators lose sleep over it. Sorry not sorry your investment failed.
Hey man… how can I retire if the secondary income dropped below my TC?
This is a minor dip compared to the huge run up in the last 3 years. What are y'all taking about?
Poor content post, need to put some effort