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Updated about 3 years ago on . Most recent reply

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Marian Smith
  • Real Estate Investor
  • Williamson County, TX
958
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1,855
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Will housing ever return to normal?

Marian Smith
  • Real Estate Investor
  • Williamson County, TX
Posted

NYTimes asks has home buying and how home buyers look at buying fundamentally changed?  Austin and Austin home buyers were profiled in this Sundays NYTimes article.  I can't post the link but there is a paywall anyway.  I accessed through APLibrary's virtual library. Internet buying, airbnb investing.   Pretty bullish sentiments reported on the Texidus and all things Elon relocating here..by Californians.   Interesting read, particularly for Austin investors.  Thoughts?

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Landon Clipp
  • Rental Property Investor
  • Chicago, IL
21
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23
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Landon Clipp
  • Rental Property Investor
  • Chicago, IL
Replied

@Marian Smith real estate in my opinion will never be "normal" in the US. The US's zoning obsession with only single family homes paired with NIMBY-ism and the decrease in available land means that desperately needed multi unit buildings will rarely be favored, thus the forever increasing march towards increased home values will continue unimpeded.

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