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Old 05-12-2015, 02:19 PM
 
109 posts, read 110,025 times
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Depends entirely on whether or not you are purchasing a home so that you have a place to live or you are purchasing a home as purely a means of investing money.
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Old 05-12-2015, 11:02 PM
 
Location: Brooklyn, ny
170 posts, read 230,258 times
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With the rising cost of homes it reminds me a bit of the Orange County bubble (I could not BELIEVE they valued my parents place at $900K when they bought it in 91' for $$205K) - However, I see stronger job prospects here in Austin. I still do not understand why its so high here though, not even an ocean view/breeze
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Old 05-15-2015, 01:11 AM
 
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It's not a bubble. Things may cool down, but nothing is going to burst. People are going to be moving to Austin by the truckload for years to come.
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Old 05-15-2015, 08:11 AM
 
198 posts, read 233,596 times
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Quote:
Originally Posted by tstwahine View Post
With the rising cost of homes it reminds me a bit of the Orange County bubble (I could not BELIEVE they valued my parents place at $900K when they bought it in 91' for $$205K) - However, I see stronger job prospects here in Austin. I still do not understand why its so high here though, not even an ocean view/breeze
That's what I have been thinking as well. Generally coastal cities are the most expensive and landlocked are cheaper. The most expensive non-coastal/great lake city I can think is Denver.
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Old 05-15-2015, 04:21 PM
 
Location: Downtown Austin
6,084 posts, read 15,344,202 times
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Originally Posted by AustinDude360 View Post
That's what I have been thinking as well. Generally coastal cities are the most expensive and landlocked are cheaper. The most expensive non-coastal/great lake city I can think is Denver.
Or small niche towns like Boulder.
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