Who saw the latest declining rent rankings?

[Beau Fannon]

Who saw the latest declining rent rankings?

https://zillow.mediaroom.com/2018-10-18-Rents-Decl...

Austin is listed as down 1.6% y-o-y. What have y'all seen? I will tell you that I've seen SFH in good school districts stagnant for a year. The apartment complex I watch as an index for college housing is down far more than 1.6% right now. They've dropped their units a $100 lower than this time last year.

Is anyone else feeling the pinch on rents?

[Omar Khan]

@Beau Fannon Millennials would love to buy if they weren't crushed under student debts. Thankfully, I am not crushed under student or other consumer debt due to the largess of my parents and having studied in Canada (where I didn't have to mortgage my organs to get a quality education... lol). 

Austin is severely over built and I'm very interested in seeing how this play outs. I love the city but it's becoming a pain driving during rush hour every time I go see my relatives.