Posted Feb 28, 2013, 5:21 AM
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Meh
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Join Date: Jul 2001
Location: Austin,TX<-->Dripping Springs,TX<-->Birmingham, AL<-->Warm Springs,GA
Posts: 57,205
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One thing is I don't care for the "condo tower" look. White shapeless buildings covered with balconies. They just look so, monotonous and redundant. Miami is another one that comes to mind here. But, those two aren't the only ones. Honolulu also has tons of condo towers. Even the condo towers in places like Seattle, Denver and Chicago get a little boring from building to building. And this isn't a comment on those cities or me badmouthing them, it's a trend with any city with a lot of condo towers. I just hope Austin doesn't go down that path of having building after building of the same old same old. Of course, I think Austin is going to see more apartment buildings than condos just because of the demographics of the city. Austin tends to be full of young professionals, and young people tend to rent rather than buy. It's especially true right now with the economy here. So many people are moving to Austin from far away - sometimes from outside of Texas for work. Some of them may stay here or not. So it makes sense to have more rental properties than condos. I'm also not sure the downtown residential market is quite mature enough just yet for a lot more condos. For a while at least, I think it'll mostly be apartments.
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