And it will get hotter and hotter because of climate change.
@hanera you should move back to Bay Area. You can’t even sleep at night nowadays while I am still lying in bed typing this. Sleep is about the most important thing in life now that we are too old for you know what.
Like I have always said
The thing that California and Austin definitely have in common is that they’re both very expensive," Alder wrote. “Austin is not cheap. Let the words sink in. Austin is not cheap, it’s actually quite expensive.”
Texas might not have any state income taxes, but it has plenty of other costs.
Alder pointed to the high price of energy, water, and services like pool maintenance and landscaping. He also wrote fellow transplants should budget for summer getaways, because “most anyone who can leaves Austin for a month or two” to escape the heat.
The “oppressive” heat — and the wintry cold, humidity and allergens — were major sticking points for the new Texan. So was the perceived lack of public space.
I understand Hanera has cedar allergies there. Plus there are lots of bugs.
Firstly, Alder has a face which you feel like punching. Surprise he is a sales executive.
Bee Cave? I hate that neighborhood, ugly and roads alway jammed. Wrong choice 
He should have choosen Lake Travis like what @Zeapelido is considering.
Oppressive heat and cold winter? I don’t know what he is talking about. Anyhoo, I didn’t live in the South. I am in NW Austin.
Expensive housing? Is he comparing prices in Austin DT vs a suburb in SD? He should compare Apple vs Apple. Compare prices and conditions in SF DT vs Austin DT. Anyhoo, I avoid Austin DT, just like I avoid SF DT, DT is always crowded, dirty and full of bad vibes.
Hmm, that’s much, much lower than PGE rates. It seems he’s also complaining about being too lazy to maintain his pool or yard himself.
like this? seems cheaper
https://www.zillow.com/homedetails/6016-Elfen-Way-Austin-TX-78724/83822570_zpid/
Who cares it Austin is cheap. The question is why is it better?
East Austin just like Oakland (a few years ago) is gentrifying fast aka currently crime-infested with “poor” high pay techies going there. Tread with care. I only buy rentals in NW Austin and Northern suburbs - all North of The Domain. In general I go for family friendly neighborhoods, avoid areas for singles and DINKs. One of the criteria is schools have to be at least 7, that house is zoned for schools of grade 3/4 
Even Nashville is expensive compared to the Sacramento MSA.
Sorry @manch, is in Austin 
Samsung expansion would add to a series of recent stunning wins for Austin’s technology sector. In just the past six months, Austin saw electric automaker Tesla pick it as the site for a $1 billion assembly facility and software giant Oracle move its corporate headquarters to Austin.
“Building and running a facility like this takes highly specialized skills and a diverse supplier ecosystem. Austin has all of these already with Samsung’s facilities and therefore quicker and easier to build and manage,” Moorhead said.
That’s old news. I saw somewhere Samsung is also looking at Arizona? May be neighbor with TSMC.
US needs to get as much semi manufacturing back onshore as possible. Can’t have all the eggs within range of Chinese missiles.
It remain to be seen its real fab with R&D or just packaging station like Foxconn display panels in Wisconsin. which completely flopped.
Semiconductor plays important role in South Korea and Taiwan standard of living. and they would rather keep it to themselves as much possible and do only assembly of products in Vietnam or Indonesia.
There is no point of FAB if products using it a not created at economical distance. and from where the advanced machinery for constructing fabs will come from?
than there is issue of creating at high cost and water stressed area of south rather in less populated North.
.
Austin RE is so hot that many are asking “Is Austin overpriced?”
Selected points from my realtor,
Employers have historically chosen to move or grow in Austin because of our high quality of life and relatively low cost of living. When you compare how much it costs to live in the Bay Area vs Austin, that becomes readily apparent. However, employers (and relocating homeowners, many of whom can now live/work wherever they want) don’t only look at Austin when choosing where to call their new homes. Lots of other cities come up in discussion - Denver, Portland, Nashville, Charlotte, etc…
How does Austin’s pricing compare with these cities?
…we’re roughly the same price as Portland, less expensive than Denver, and pricier than Nashville or Charlotte.
We mention Denver a lot for good reason. Denver & Austin are extremely similar… Austin would have to appreciate at roughly 40% in order to match Denver’s Q3 2020 median pricing.
Our conclusion? Austin’s pricing has room to grow.
In hindsight, Austin has been a bargain for many, many years. Our pricing has consistently appreciated in the 5-6% range annually, but it looks like we’ll see another jump in the double digits in 2021.
Another double digit growth 
after last year double digit 
but my property tax would go up significantly and hence rental yield would drop significantly too 
Comparing Austin to SV historical price behavior,
2020 is like SV 2016 - Double digit appreciation
2021 is like SV 2017 - Double digit appreciation
2022 is like SV 2018 - Strong in the first half of the year then weak for 2 years.
So Austin is not good for Buy and Hold? Just paid my tax for the year. Don’t make me sell! 
Hanera says pump and dump
I am going to visit and give my review of the strip clubs and Bbq
My realtor said,
“It’s very shocking that many homes are selling at 20-30% over list (and sometimes higher!)”
“Right now, it looks very likely that buyer demand will continue to drive prices up from the +20% gains in late Dec and Jan.”
“Because the market has appreciated so dramatically, sold comps that are more than 1-1.5 months old are not relevant (which is just an amazing phenomenon!)”
Buyers in Austin are as as those in SV.
One more thing, weather forecast that 2mrw will snow 
Huh? Am I in Tahoe?
Can’t wait to see your property tax bill next year…
Snow is ok. Yesterday, it rains ice… is this called hailstorm? Two branches of my mature trees are broken, and one young tree is put to the ground (not sure it can survive). Just check, still full of ice everywhere… trees look like made of ice.
Stay home till warms up. My wife slipped on ice yesterday
Nasty fall… bruises , headache and neck whip lash. And she is
young and in shape. She wants to sue. I told her no.
Bad Karma
