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by cyberax 19 days ago
Hint: if you see "Austin" bandied around as a good example, then you know shit about housing.

Austin rent decreases happened because of its stagnant population, not because of new construction. It's barely growing _at_ _best_, and I predict that it's actually _shrinking_.

You can play around with the ACS dataset yourself: https://data.census.gov/table/ACSDP1Y2024.DP05

The 1-year estimate for 2024 is 993771, barely up from 979263 for 2019 (there is no 1-year estimate for 2020).