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by vonneumannstan 85 days ago
The number of Tech people moving from SF to Austin and back is going to have negligible influence on the average rent in the entire city.
1 comments

You mean the folk with highest purchasing power (2-3x median wages of the average person in the city) moving in and out of the city have negligible impact on the average rent in the entire city? I guess the 20% increase in rent in 2021 in Austin was just vibes.
What was the increase in rent across all major cities in the US in 2021?