https://www.trulia.com/TX/Austin/
https://www.trulia.com/CA/Palo_Alto/
Texas also doesnt have prop 13 so it is unlikely to ever reach the levels of a California city
I think that's fair but the nonetheless the only houses on here in San Mateo for under 600k are about 600sq ft. Even 1200sqft homes are 1M+ Where do you think married mid-level engineers are going to live?
For 500k in Austin you can choose between brand new 1300 sqft homes or older 2500 sqft homes.
By comparison, Austin permitted 8600 multi-family units in 2018 alone. That doesn't include single family detached, which averages another 2800 a year.
They’re right proper nutcase looney tunes in San Francisco, when it comes to new building. Almost as bad as they are here.
Well, that is unless you’re building high rises on the river for the millionaires and billionaires. Then you can build as many of those as you want.