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Jun.02 -- Mayor Steve Adler of Austin, Texas, discusses the large migration of workers in the technology industry to the city, making it one of the top tech hot spots outside of Silicon Valley. He also says the city isn't competing with any other places to become the next tech hub and hopes the entrepreneurs who come to Austin will help the city with its short housing supply, following reports of Elon Musk buying more land in Texas. Mayor Adler speaks to Emily Chang on "Bloomberg Technology."