
@jason|Oct 21, 2025 23:40
In Texas, you can build housing stock... it's insane. They're building everywhere.
AND we have 10% vacancy for apartments in Austin... so rents have gone down 18% in three years -- and they're still adding supply!
If you make 100,000 in California, and you pay 4,000 a month rent, you would save 24,000 a year in housing and 9,000 in state taxes -- 33,000 more cash PER YEAR.
You could get married, have a baby and buy a home...
Now do the math if you're a double-income family and you make 500,000 or 1 million a year. It's crazy.(@jason)
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