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by austin-cheney 25 days ago
I can sympathize.

People in my town, Fort Worth, have been saying the same things for years. People were moving in too fast causing home values to sky rocket, so everyone was saying they need to build houses faster to prevent a property tax explosion. You can only build single family homes so fast, so then came the hundreds and hundreds of multi-family apartment campuses and home values immediately tanked. They got what they wished for. Now we have traffic, electric grid, and school system over crowding because they still can’t build everything else fast enough. Even still people keep moving in, about 65 new residents a day.

1 comments

Housing values did not tank in Fort Worth. You can't just make up the results to suit the story you're telling. Fort Worth housing prices have mostly tracked alongside the rest of the country (big spike upward starting around 2020, then leveling off, and then a slight correction, but still much higher than 2019). Many cities have shown a very similar pattern.