Decline is relative. Despite being a crappy deal Austin is still a better deal than the options where a lot of the new people are coming from.
Austin is definitely still a good deal. Sure, the weather isn't as good as California (but better than southern Nevada), and the scenery isn't as pretty or geographically interesting as the Pacific Northwest (but better than Oklahoma), but there are jobs, a good university and Texas doesn't appear to have lobotomy patients as local government.
That's a broad brush.
Currently sitting in a log cabin in an old growth forest on a stunning lake near Broken Bow, OK, with pretty hills / small mountains all around.
Interestingly, one of the few (maybe only?) place in the world that has both black bears and alligators.
Mountains, lakes, swamp, pasture... McCurtain County is a treat.
I'm buying a cabin in Broken Bow, the owner is selling and reinvesting in some land very close to where you are buying.
Which makes me think, maybe there is a business opportunity to open a private school that uses California or Massachusetts/New York text books.