• KnitWit@lemmy.world
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    1 month ago

    A surgeon bid 20% over asking price to move from Phoenix to Austin, realized he didn’t like living there and moved back. Business Insider somehow blames all of this on new houses being built. Lol.

    • iopq@lemmy.world
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      1 month ago

      It is because of higher housing supply, even rents went down. This is exactly how markets work

    • turmacar@lemmy.world
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      1 month ago

      It literally sounds like he’d never seen Texas before. Especially around the big cities it’s a car centric hellscape unless you’re in some very specific neighborhoods.

      • cantstopthesignal@sh.itjust.works
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        1 month ago

        He came from Phoenix, I don’t see how it was any different from where he came from. Also, he’s a surgeon, he was probably in a decently walkable area and decent by Texas standards is a 5 minute drive to an upscale strip mall.