▲ 129 ▼ They bought homes at the peak of Austin's housing boom. Now they're taking devastating losses. (www.businessinsider.com) submitted 3 weeks ago by FoxtrotDeltaTango@sh.itjust.works to c/news@lemmy.world 58 comments fedilink hide all child comments
[–] iopq@lemmy.world 12 points 3 weeks ago It is because of higher housing supply, even rents went down. This is exactly how markets work permalink fedilink source parent