3031 housing units to be added. That is a nice vote of confidence in the Austin Market. Lenders are still lending. Developers are still developing. Values keep jumping. More jobs are being created and more people are moving here.
I know a lot of people on BP say banking on appreciation is not smart, but my first property has doubled over n value and n 11 years, and I started with 5% down. That's a great return. I've done a kind of extended BRRRR method by refinancing it twice in that time to extract equity and buy other properties. It shows no signs of slowing down.
Meant to say doubled in value in 11 years.
Feature request- ability to edit a post!