Quote:
Originally Posted by Novacek
We've now had several years in a row with pretty healthy housing production in Travis, with pretty minimal population gain.
Some of it is coming to a healthier vacancy rate, and there's household composition changes. But you start to wonder how accurate these estimates are.
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True, but I believe that it is primarly due to household size, which is a phenomenon occurring in urban areas all across the US. You can see signs of it with AISD's shrinking student population.
Houses where a family of four used to live now has an elderly widow living alone, or a childless couple. Families with kids are leaving Austin, and Travis County to live in Kyle, Leander, and Georgetown.
You may disagree, but the perception is lower COL, better schools, less crime, cleaner, etc.