AUSTIN | Misc. Discussions - No Politics

[DaveinWimberley]

Originally Posted by wwmiv

Ahhhhhhh!

Bingo!

Thank you for the insight.

Yes.
Soon it will be the time when the crickets covering the roads go crunch, crunch crunch under your tires in the night time.
But it only lasts for a couple of weeks.
And it's a real feast for the grackles, who show up to roost in mid August around the time the cricket swarms are at their most dense.

[Azul]

Just curious, has anyone else heard rumblings about a ~90-story building in the works? I've now heard this rumor twice in the wild and I don't know what to think about it.

[We vs us]

Originally Posted by Azul

Just curious, has anyone else heard rumblings about a ~90-story building in the works? I've now heard this rumor twice in the wild and I don't know what to think about it.

We've got a couple of projects that could qualify as a "90-story building" in rumor land. Any more details?

EDIT: where "90-story building" equals "really tall building that I, the rumor monger, may not know the exact height of."

[The ATX]

I don't much care about rumors at this point. I just want several of the actual 600'-800'+ tower proposals to get going.

[drummer]

Yeah, I want to focus on quality over height, but getting some of the 600-800+ ft towers would be awesome. Supertalls are super cool (see what I did there?), but I don't want them to be awkwardly taller than everything else and throw off the whole skyline.

[GoldenBoot]

Originally Posted by Azul

Just curious, has anyone else heard rumblings about a ~90-story building in the works? I've now heard this rumor twice in the wild and I don't know what to think about it.

Nope. But, Gensler had a 90-story proposal for Block 185. However, the developers chose the PCP 594' Google Sail design.

Sometimes people refer to a 900' tower as a 90-story tower - because they really don't understand common floor-to-ceiling ratios. If there are rumors, maybe they are speaking to slightly inaccurate descriptions of 98 Red River, 80 Rainey or one of the ATX Towers (the railyard site)?!?

[The ATX]

A San Francisco condo building completed in 2017 as The Tower at Nob Hill West has changed its name to The Austin. If you don't move to Austin, you can at least live in a place called The Austin.

https://www.highrises.com/san-franci...l-west-condos/

[SproutingTowers]

Originally Posted by The ATX

A San Francisco condo building completed in 2017 as The Tower at Nob Hill West has changed its name to The Austin. If you don't move to Austin, you can at least live in a place called The Austin.

https://www.highrises.com/san-franci...l-west-condos/

Looks like it has Austin prices too.

[DaveinWimberley]

Originally Posted by SproutingTowers

Looks like it has Austin prices too.

Nob Hill West = Upper Polk Gulch/Upper Tenderloin

"And you can take one home for money
Who will not think you are funny
When you explain the delicate attentions you require"
"The United States of America" - song: "The American Way of Love" - lyrics Joseph Byrd and Dorothy Moskowitz

[The ATX]

Another WTF moment brought to us by DaveinWimberly.

[JollyvilleJ-Rad]

Originally Posted by The ATX

Another WTF moment brought to us by DaveinWimberly.

[austlar1]

Originally Posted by The ATX

Another WTF moment brought to us by DaveinWimberly.

deleted

[KevinFromTexas]

I added these two KXAN webcam links to our webcam link thread. They include the Austonian cam, their studios, their tv tower view, plus one in East Austin.

https://www.kxan.com/weather/webcams/
https://www.kxan.com/webcams-two/

https://media-traffic-camera.psg.nex...xan/KXAN11.jpg
https://media-traffic-camera.psg.nex....jpg?v=5430499
https://media-traffic-camera.psg.nex....jpg?v=5430499
https://media-traffic-camera.psg.nex....jpg?v=5430499

[enragedcamel]

Austin on track to be least affordable non-California metro by 2022

https://www.bizjournals.com/austin/n...lity-2022.html

[lonewolf]

Originally Posted by enragedcamel

Austin on track to be least affordable non-California metro by 2022

https://www.bizjournals.com/austin/n...lity-2022.html

wow. that's hard to believe. not a good situation, on the whole

[drummer]

I've been thinking about that as well. Are we really going to be less affordable than NYC or Boston? Are the average prices in those metros really less? I can believe it with a lot of other areas in the country but I was just considering those two as examples.

In any case, I'm very glad I was able to buy a house when I did. Crazy.

[the Genral]

Originally Posted by drummer

I've been thinking about that as well. Are we really going to be less affordable than NYC or Boston? Are the average prices in those metros really less? I can believe it with a lot of other areas in the country but I was just considering those two as examples.

In any case, I'm very glad I was able to buy a house when I did. Crazy.

Me too. I paid $178K, appraised now at $350K, could probably get over $400K.
Equity...nice, taxes...BAD.

[myBrain]

Originally Posted by drummer

I've been thinking about that as well. Are we really going to be less affordable than NYC or Boston? Are the average prices in those metros really less? I can believe it with a lot of other areas in the country but I was just considering those two as examples.

In any case, I'm very glad I was able to buy a house when I did. Crazy.

I can't get past the ABJ paywall, but according to this article it's defining affordability as the relationship between real estate prices and incomes.

https://www.kxan.com/news/local/aust...llow-says-yes/

"An outlook by online real estate company Zillow suggests if current trends continue, Austin homeowners will spend just over 30% of their household’s monthly income on a mortgage by the end of the year. Anything above 30% is considered “housing burdened,” and the outlook is assuming mortgage rates remain steady. Some experts think mortgage rates will rise with inflation in the next few months."

I would assume that incomes are generally higher in NYC and Boston, so their real estate is still probably more expensive.

[drummer]

Originally Posted by myBrain

I can't get past the ABJ paywall, but according to this article it's defining affordability as the relationship between real estate prices and incomes.

https://www.kxan.com/news/local/aust...llow-says-yes/

"An outlook by online real estate company Zillow suggests if current trends continue, Austin homeowners will spend just over 30% of their household’s monthly income on a mortgage by the end of the year. Anything above 30% is considered “housing burdened,” and the outlook is assuming mortgage rates remain steady. Some experts think mortgage rates will rise with inflation in the next few months."

I would assume that incomes are generally higher in NYC and Boston, so their real estate is still probably more expensive.

That makes a lot more sense. Wages are still relatively low here compared to cost of living.

[JollyvilleJ-Rad]

Originally Posted by myBrain

I can't get past the ABJ paywall, but according to this article it's defining affordability as the relationship between real estate prices and incomes.

https://www.kxan.com/news/local/aust...llow-says-yes/

"An outlook by online real estate company Zillow suggests if current trends continue, Austin homeowners will spend just over 30% of their household’s monthly income on a mortgage by the end of the year. Anything above 30% is considered “housing burdened,” and the outlook is assuming mortgage rates remain steady. Some experts think mortgage rates will rise with inflation in the next few months."

I would assume that incomes are generally higher in NYC and Boston, so their real estate is still probably more expensive.

That's exactly it from my understanding - it's factoring in the whole cost-of-living, not simply real estate values. Homes in the coastal cities are far more expensive, but average wages are significantly higher - affording a home is becoming a larger share of burden here than anywhere else.