Pew Charitable Trusts company blog

Austin’s surge of new housing construction drove down rents

After decades of explosive growth, Austin, Texas, in the 2010s was a victim of its own success. Lured by high-tech jobs and the city’s hip reputation, too many people were competing for too few homes. From 2010 to 2019, rents in Austin increased nearly 93%—more than in any other major American city. And home sale…
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Mar 19, 2026Austin’s surge of new housing construction drove down rents by matthest815999

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