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by nradov 524 days ago
[flagged]
3 comments

"Don't be snarky."

"Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith."

https://news.ycombinator.com/newsguidelines.html

This is Texas:

https://fred.stlouisfed.org/series/TXSTHPI

It's worse in San Francisco, but it's a nation-wide problem.

I would argue that it's worse now in high COL TX metros than it is in the bay area, because even if home values are still lower in Austin, for example, Texas property taxes are brutal compared to CA and have increased dramatically [in line with property value appreciation], which Prop 13 doesn't allow to happen in CA.
I can tell you haven't ever actually shopped for housing outside of a major city.