News for hackers. Stuff that matters.
Re:Tesla’s headquarters will move to Austin by pvarangot on Thursday October 07, 2021 @09:00PM (#28794366)
Yeah that's what they said! I am not saying it's not a sound bet, honestly I hope it goes well. The thing is that nothing indicates that the new housing built there will not be sold at prices that flatten the curve. Yeah supply and demand and all that, but there will be more demand and the real estate market is good a limiting itself to the supply that keeps the prices increasing just about right for them to make a quick buck selling to a captive audience.
Re:Tesla’s headquarters will move to Austin by bradknowles on Friday October 08, 2021 @12:29AM (#28795755)
The curve is a cliff. Prices have already doubled and tripled at least once or twice, and that’s just within the last couple of years.

There’s no new inventory being built, and there won’t be a significant amount of new inventory built any time soon, because Texas is the most terrified state in the country of all the Mexicans coming across the border to take all the jobs.

They’ll spend billions of dollars to protect that border, but nothing to build new housing for people moving to the state.

Re:Tesla’s headquarters will move to Austin by xbmcuser on Friday October 08, 2021 @12:28AM (#28795752)
Yeah but the house buyers will mostly be blue collar workers not making 150-200k a month is the prices won't go as high.