Why Austin's Cheap Rent Era May Be Ending
The Wall Street Journal·2026-03-05 17:43
After 2 and 1/2 years of rent decreases, Austin, Texas is about to get expensive again. Analysts are projecting that the city's rents are going to stay flat or even increase this year for the first time since August 2022. And now investors are flocking back to the market.This marks a major turning point for the Texas capital. During the pandemic, remote workers and businesses flocked to the region because of low taxes and relaxed business regulation. Starting in 2020, the city added tens of thousands of new ...