Now people are moving back to California for job opportunities and good weather Politics wise, both California and Austin are super liberal so there is no difference Example: house with top schools has been on the market for 4 months even with price cut: https://redf.in/jDD1ew For people said the location is bad. Itâs ten minutes from Apple and Nvidia. Itâs like Cupertino or Los Gatos or west San Jose in Bay Area.
State taxes?
Taxes in texas burden middle and lower class people.
Want to know more on thjs.. One of the reasons indians moving to texas is to save taxes on their income compared to the bay and of course cheaper housing (couple years back).
Is there a statistic on people moving back? I canât imagine anyone going to the hell hole that is SF. Texas at least has a proper government unlike the nutjobs in CA
LOL Proper government. Uvalde shooting and a cripple crying about getting his wires cut because... because... he can't control the border without them. LOL
Iâd say both CA and TX are shitty just based on the electrical grids.
I like Austin. It would be nice to get a second place there after the bottom drops out of that market.
100%. The only problem is it keeps expanding and the nice parts become more urban and less nice
I mean Lakeway and Westlake/Bee Caves are still gorgeous and realllyy nice but are suburban Austin
You mean housing going skyhigh in a city that has lots of land around to expand was gonna be temporary? Man, that's wild.
Seriously, itâs not like LA that is surrounded by mountains and ocean.
they also build upwards, it's a trick SF should try. you can put houses on top of houses.
It was not a bubble. It is governments and policies stepping in to stick it to "real estate investors" and showing them who's the boss. This is exactly how it should be everywhere! Housing in major cities is a public utility, not an investment vehicle.
This âgood weatherâ argument for California is so boring and false. Check out southern Italy or Ibiza, thatâs where the good weather is.
I hate SF weather- I dont find it nice at all. Southern California is pretty solid though.
I for one am not a fan of the ability to fry eggs on the pavement. Northern italy way better than south and Ibiza is lost. full of the worst Britain has to offer and none of its best đ
Keep coping California. Show some actual data or GTFO. I moved from Bay Area to Austin in 2021. I bought at the top of the market and my housing valuation is flat to down <5%. I also locked in a 3% mortgage and pay $3200/month for mortgage + property tax on a 3200sf 4BR, 2.5 BA on a 0.25acre lot in the middle of the tech center of Austin w/ 9/10 schools. We are 7 min from 2 $4 billion Apple campuses. What would the comparable be in South or East Bay? Keep your high TC and $14k/month mortgage payments. Iâll keep my freedom LCOL and no income tax. Edited: to change to âmoved from Bay Area to Austinâ per comment below
Austin also actually built more housing to increase supply- I know that is a wild idea for people from CA⌠I actually think a lot of blue tech people moved to Austin thinking it was a good idea and they are now a couple years in and realize they just dont like TexasâŚ
What do you mean bubble? Are the housing prices dropping?
Austin housing prices are amongst the fastest falling in country.
Damnnnn