News@lemmy.worldEnglish · 12 hours ago

They bought homes at the peak of Austin's housing boom. Now they're taking devastating losses.

www.businessinsider.com

They bought homes at the peak of Austin's housing boom. Now they're taking devastating losses.

www.businessinsider.com

FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.worldEnglish · 12 hours ago

Homeowners who bought at the peak of Austin's real estate frenzy are eating huge losses or crossing their fingers for a comeback.

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

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