Supply go up, rent go down. The Austin area shows that YIMBY works.
What's Up with Austin's Falling Rents? - Metropolitan Abundance Project
Like many other southern metros, the Austin area experienced a surge of newcomers during the pandemic, adding 173,000 people between 2020 and 2023. That’s a 7.5% growth rate at a time when the total United States population only grew by 1%. This increased demand drove up housing prices across the region, with average rents jumping […]
metroabundance.org