Considering there was already an unreasonable rise in rents from 2008 on, yeah we really need to actually go back on this one. Accepting the standard corporate position of prices only go up is part of how we got here in the first place.
And it’s fine if you want to scrape Zillow’s information and do your own spreadsheet. But the Daily Mail would have us believe Austin is in the middle of it’s own little 2008 style housing meltdown. If that’s true then this really is an exception to the rule right now and we should go back to talking national numbers.
But inflation is only 1% above target?
It’s not going to be where it was pre-pandemic, nothing is. But Austin property prices may be flat for the whole year, if not negative.
You don’t need to call up any organization, just scrape Zillow, lol
https://www.dailymail.co.uk/yourmoney/property-value/article-13210091/austin-housing-boom-bust-pandemic.html
Just look at the more recent graphs
Considering there was already an unreasonable rise in rents from 2008 on, yeah we really need to actually go back on this one. Accepting the standard corporate position of prices only go up is part of how we got here in the first place.
And it’s fine if you want to scrape Zillow’s information and do your own spreadsheet. But the Daily Mail would have us believe Austin is in the middle of it’s own little 2008 style housing meltdown. If that’s true then this really is an exception to the rule right now and we should go back to talking national numbers.
Prices only go up because the amount of dollars only goes up. It’s a built-in feature