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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Wyätt Gwyön who wrote (69386)12/26/2006 2:59:36 PM
From: Lizzie TudorRead Replies (2) of 306849
 
yes Austin is much better than the bay area for real estate investing Wyatt. I think you have made your point. Salaries are almost as high in Austin as the bay area, and there are an equal number of companies. The fact that Austin has so much free land available and is not land locked like Silicon valley is not relevant, Austin is equal in terms of investment potential. Also the fact that Austin property taxes are not capped with a crazy homesteading law like CA that causes nobody to ever sell doesn't matter either. Additionally the fact that the new tech leaders Apple, Google, Riverbed and others are all in silicon valley and not in austin doesn't matter either, Dell will regain its luster one day after sending their entire workforce to india, its just a matter of time.
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