Comment Comment by clamprecht At a glance, I'm a bit skeptical. It looks like they're cherry picking the high point for rent (the COVID spike).> "Rents fell. In December 2021, Austin’s median rent was $1,546, near its highest level ever and 15% higher than the U.S. median ($1,346)."Of course having more housing should, all things equal, lower rent. But all things certainly weren't equal, especially during this time period. parent clamprecht 7 months ago
> "Rents fell. In December 2021, Austin’s median rent was $1,546, near its highest level ever and 15% higher than the U.S. median ($1,346)."
Of course having more housing should, all things equal, lower rent. But all things certainly weren't equal, especially during this time period.