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Old 07-01-2013, 02:26 PM
 
Location: Austin
251 posts, read 395,764 times
Reputation: 174

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Quote:
Originally Posted by riaelise View Post
Yeah, I know....sorry, couldn't help it




Don't want to start this again, but going from say 5% to 8% is not a big deal. Those are pretty good numbers right there. So, the suburbs have gotten more poor people. Why should that be something to be made aware of, if you're a newcomer? Is it that the burbs will be largely poor and Austin largely affluent? Don't really think so. What would be of note to me as a newcomer is a) crime rate, b) schools, c) amenities, and d) proximity to shopping. Most suburban areas are still low in crime and have decent schools, despite what this OP states. Also, many suburban cities are still comprised of mostly middle classed people.
Smart investors tend to pay attention to trends. Poverty, traffic congestion, property taxes, crime, and so on and so forth should be considered as they stand today and in terms of where they will be in the future. When I buy a house I want to know which direction the area is heading. Not sure why you're adding straw man statements like "Is it that the burbs will be largely poor and Austin largely affluent?" into the discussion.

 
Old 07-01-2013, 02:40 PM
 
Location: Round Rock, Texas
13,436 posts, read 15,333,454 times
Reputation: 18954
Quote:
Originally Posted by steve78757 View Post
Smart investors tend to pay attention to trends. Poverty, traffic congestion, property taxes, crime, and so on and so forth should be considered as they stand today and in terms of where they will be in the future. When I buy a house I want to know which direction the area is heading. Not sure why you're adding straw man statements like "Is it that the burbs will be largely poor and Austin largely affluent?" into the discussion.
A small percentage increase in the poverty rate (considering the volume of newcomers), and compared to everything else, doesn't alter the trajectory of an area at all. There are many savvy people who purchase in suburban areas and can easily say that the trajectory is going in the right direction. There are only two things that are of any "concern" to people purchasing in most suburban areas -- property taxes and possible commute time. Just like two shootings caused by dumb+++es indicate a trend in crime either.

And all of this is largely off topic anyway, so I'm done with it.
 
Old 07-01-2013, 02:43 PM
 
Location: Austin
251 posts, read 395,764 times
Reputation: 174
Quote:
Originally Posted by riaelise View Post
There are only two things that are of any "concern" to people purchasing in most suburban areas -- property taxes and possible commute time.
Very definitive. Thanks for setting me straight.
 
Old 07-01-2013, 03:52 PM
 
7,984 posts, read 10,319,085 times
Reputation: 14999
Well, if cars parked in driveways bother you, then you need to stay out of Steiner then too.

Also, although we are technically not supposed to park on the street overnight here (Steiner Ranch), people do it all the time. And no one cares, unless maybe you have a boat or RV. Our neighbors have 4 kids and 4 cars. They almost always have a car parked on the street. But as long as I can get in and out of my driveway, I couldn't care less.
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