Investing In Austin Real Estate- Find The Best Rent Range

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Current Demand. Future Demand. Best Strategy. Best Rent Range.

Over the last 10 years, Austin was the fastest-growing big city in the country; the population grew by a third, almost 600 thousand people. That level of growth continued in the last three years: 9 percent – mainly people moving from other parts of Texas but many from the West Coast and the Northeast; rents increased 13 percent.

Home prices can rise much faster than rents, which are closely tied to local income, but they’re a good indicator of the strength of demand for all housing.

Despite the high population growth, home prices rose a moderate 6 percent per year until the recent spike; home builders here are used to a high level of…

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