Why Everyone is FLEEING Austin as Fast as They Can

[@jacklyn-b1u]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[@DillonMcgaha9]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

[@brenda-v7c3k]

Indeed, diversifying a $380,000 portfolio across various markets with guidance from an investment coach has proven fruitful. You've managed to generate a net profit of over $790,000 through high dividend yield stocks, ETFs, and bonds. That's an impressive achievement.

[@Tommyp-w1b]

Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.

[@Tommyp-w1b]

Can you suggest the investment coach you've been using? It appears you've had success with their guidance.

[@brenda-v7c3k]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Grace Adams Cook” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@clemdane]

This is going to happen over and over again around the country as a new "IT City" gets chosen and tech companies move there and suddenly everyone flocks there. Prices skyrocket, infrastructure gets pushed past the breaking point, the old residents resent all the newcomers and complain about them, then the prices start crashing back down. Then it moves to a new region and a new town...

[@Lulusvideos1]

Yup, already happening in Tennessee!

[@daebak_hana]

I learned this after moving to Dallas. I now moved to a place where nobody is interested in

[@planetChristie]

Yes this is also happening in Dallas! The Californian people are pissing us off 😂

[@kevonslims7269]

@@planetChristie It happened to California..

[@KnockOutCutie]

@@daebak_hanathanks for leaving 😅

[@blessedandpeaceful]

Staying in Austin for last 16 years. Saw the huge influx of people mainly from CA. The prices went up. 2021 sold my house for 4 times the price I paid 9 years back. I saw the traffic patterns changing for the worse. The small little town that we wanted to stay in turned into a big city, becoming expensive along the way. I am happy finally people are leaving. I would appreciate if Austin shrinks by at least 40%. I want that old Austin back. Ample, inexpensive properties. Very affordable rent and everything dirt cheap. Looks like that wish is going to come true soon.

[@butterflygirl2285]

IMO - We had planned to retire there. That is no longer an option until the house prices, cost of living, and traffic decrease. The charm has gone.

[@ericschneider8524]

Where did Willie go ?

[@protexroofing5939]

​@@ericschneider8524 he's.....on the road again

[@JimBronson]

​@@butterflygirl2285truth! I've been here 33 years, looking to retire elsewhere.

[@TF-mw4sy]

I attended St Edward's University 1988-1991. My rent was $150-350 depending if I had a roommate 2/2, or just me 1/1. ❤ I loved it there.

[@johnschmit998]

I left Austin in November 2006 and never looked back. It was overpriced, had heavy traffic and stupid out of state drivers then; I can’t imagine what it is like now.

[@philipelewis1]

The in state drivers are at least as stupid.

[@JimBronson]

Much worse now! You could still buy a cheap house in the East side in 2006, I bought mine in 2004. I've since sold it to some sucker for a big profit, the schools and crime are still bad over there but now it's big money. Fine for a young man when it was cheap, but not for a family and not at these prices.

[@Hawtload]

omfg the drivers here are completely fkn idiotic now, and the road system is even worse

[@rustysawyers5109]

Easy to figure. It's a bright blue city with all the B.S. that goes with it. A STAIN on our great state....

[@edg8535]

Stupid out of state drivers, you need to check out your home grown.

[@annt8203]

Its unfortunate for those who are too young and missed the experience of living in Austin in the 70s. Austin City Limits, the Armadillo, Barton Springs and fishing from inner tubes on Lake Travis while eating Corn Nuts and drinking Pearl beer. The pace was slow enough to match Whalen, Willie and the Boys.. The only big employers were the University, the State House or one of the State Schools for the Blind, the Deaf and for the developmentally delayed. The movers and shakers were somewhere else. I helped run the old Youth Hostel south of Town Lake. Grateful for the experience.

[@chipcook5346]

Even the 80s and early 90s.

[@markharmon4963]

I stayed there once.

[@caseychris2010]

I was in Austin in the 70s. It was very laid back and fun. If you wanted a good job, you moved to Houston. If you wanted to stay in Austin, you could wait tables, and a lot of people did. It was nothing like now. I miss it still!

[@minigirl6839]

Waylon.

[@HomieSimpSon]

Born and raised in Austin...you ain't lying. It was once a great place to live.

[@antonia6059]

I grew up in Austin. It used to be such a magical little place. But now because of reasons mentioned here it’s not the same. We moved in 2018, as locals getting local pay we couldn’t afford it. Since all the people buying homes in Austin came from cali, we figured that was where the money was And we were correct. Moved to California and immediately got a big pay raise. We now own a home something we never would have been able to afford in Austin.

[@lilshaz8378]

Property taxes could be less if corporations weren’t given tax breaks that then become the burden of home owners.

[@CalienteDesign]

SAY IT! That is the truth the big tech paid incentives by offering "great jobs" that were sh*t jobs with regular cuts every 2 years and now they just bring in Indians and and other foreigners to work instead of hiring locals. F*CK them!

[@johnlowak5811]

Corporations pay taxes? The consumer pays them, it is figured into the price of goods or services. If the taxes are raised on Corporations who do you think eats that increase? News flash it isn't the company.

[@RoadieWingZZ]

@@johnlowak5811Yes it is. Austin City Council for decades has given property tax exemptions for companies relocating to Austin. Those exemptions for large companies result in increases to homeowners and existing businesses. Amounts to hundreds of millions per year.

[@twoeagledrones]

Ya, big corporations… who needs their jobs.

[@johnlowak5811]

@twoeagledrones I'm not berating big companies, im am ponting out they don't outright pay taxes, their client foot the bill. The Trump tax breaks as much as the demoncrats malign them spurred a hiring frenzy. If not for the plandemic we would have come into the shit storm we find ourselves nourselves in much stronger.

[@gypsyHAASy]

Austin has sucked beyond repair since 2016, it just takes a few years to catch up. You’re not mentioning the filth, panhandlers so aggressive it borders on strong arm robbery, extreme violence being hidden but when you live there it’s very apparent, hopeless traffic and high traffic fatalities, drug and alcohol addiction, and yeah the financial issues, heat, poisoned river, limited public lands.

[@Tonymanero1960]

My girlfriend and I,....both relatively well off retirees from Maryland ...are currently on a road trip thru the upper Midwest looking at possible retirement homes.We totally avoid looking in ANY area that is the new Austin..or the new "" Best Places to Move To.".

[@sunspots6077]

walking around Austin is like being in a big prison yard.

[@edmartinez6946]

It already sucked when I left in 1996. It was great in the 1970's and 1980's.

[@RedEyeC]

@@Tonymanero1960 - Avoid Las Cruces NM (Best Places to Move To) - it has gone Liberal Woke also - crime rising, justice system as soft as Albuquerque NM. A shame - it was an awesome city just a few decades ago.

[@elainamoor3218]

Well, hopefully you’ll be moving the hell out of Austin. That alone will make it a little better for us native to Austin

[@rickbecket2820]

I live in Austin, this city has built a huge number of 4 story apartment buildings that have attracted a lot of new people. This city is now packed with renters. As far as people leaving, we are seeing home owners leave and renter come in. The whole feel of the city has changed in the last few years.

[@EliMagidsLuxuryHomes]

That’s a shame. They’re building a lot of apartments here in Charlotte as well. Thanks for stopping by.

[@nicolejennings8389]

Gee maybe Boomers should market housing for price the average salary can afford instead of unreasonable astronomical asking prices

[@RJTellez]

Austin has always sucked.

[@christinebuckingham8369]

Greedy Private Equity Companies had a LOT to do with it too!​@@nicolejennings8389

[@donald2665]

One of the reasons for the 4 story Apartments (Or Condo's or a combination there of) is the direction that the Elite who actually run and control the nation are attempting to develop the population to live in, under control, regulations, and under financial fealty. The Corporate interests behind this, and it is going on all over the US - (Florida has MANY examples) want to do away with Private ownership of property for the average citizen, and do away also with Private ownership of vehicles. While living in these vast apartment complexes, to travel any where one will have an App on ones I-Phone or other devise, and summon a transport from a Central Fleet Assembly Area which serves a specific area of the City, town, or County. You will be taxed on miles driven. Welcome to the Future, Today!

[@gqftoast]

What kills me is that much of what you said about Austin hold true all over the country.

[@RedEyeC]

- in the largest metropolis's - (LA, NYNY, Chicago, etc.) San Francisco isn't one of the largest, but it is densely contained on a small bay. Welfare recipients live in the densest populated areas - easier to get more available entitlements.

[@harmgregory4560]

or not.

[@eradicator187]

Typical for any blue city.

[@harmgregory4560]

@@eradicator187 is mistaken, wrong, and misinformed.

[@harmgregory4560]

or not

[@BillySBC]

In the late 1800's and early 1900's mass numbers of people left their homelands and came to the United States looking for a better way of life. Fast Forward to the year 2024 where United States citizens are looking to leave the United States for a better way of life. Sad how greed has destroyed this noble experiment.

[@michaelmusson3593]

I have been learning a lot of these people have been moving to Russia were they still know what a woman is and it's ok to have over 2 children without being ostracized

[@Americasays]

I’ve lived between Austin and Nevada since 2006 and in a month I’m going back to Nevada for good and never returning to Austin. This city has fallen so far from what it used to be.

[@hunterhill1013]

My wife is from Reno and its unaffordable there too

[@Americasays]

@@hunterhill1013 that’s where I’m from too and it’s gotten crazy expensive there but it’s about the same as Austin. I miss the mountains and access to California and Tahoe.

[@vikm1341]

Same I miss California and Lake Tahoe

[@LweissTTU]

I moved to Austin in the early 70’s, and left in 2015. The infrastructure has never supported the population of the city, and it has gotten much worse. I don’t miss it. Progress is fine until it ruins what used to make Austin a fun place to live.

[@w5cdt]

You can thank SOS for the infrastructure problem.

[@Archangels1]

The Californians came, took a huge dump on Austin, and left. Just like they did to San Francisco.

[@chipcook5346]

They are in Ashville and Nashville now.

[@harmgregory4560]

seems mistaken.

[@hectorm.9441]

But you guys invited this companies Is not California who cause the crisis Is the corporations . Blame yourself , your mistakes , your nuts ideas

[@winoodlesnoodles1984]

It wasn't the Californians. With the capital and university, Austin has been leftist/progressive leaning for decades.

[@JimBronson]

I still see California plates all the time

[@rtblackev8]

I live in Austin. As you mentioned everyone is moving to Round Rock or the Hays area. But what needs to be said is all those people are still commuting to Austin for work. As a result the traffic is getting worse literally every day

[@Elyisus01]

Yes, he is taking information out of context to provide a wrong point. Yes, Austin is more expensive and hood to live in and yes the city proper has not grown, but the MSA keeps on growing.

[@jeanniestegner9915]

There goes Round Rock 😮😢

[@w5cdt]

Yep….1626 became a zoo in 2020. People living in Hays county (Buda/Kyle) but their payroll is in Austin. They simply can’t afford to live closer to their work.

[@sunspots6077]

My neighbor moved out and put his house up for sale in early 2024...I never even saw anyone looking......he has moved back in.... he changed realtors... Austin is not Austin anymore

[@JimBronson]

​@i_brought_a_flower we put our house on the market in January of 2022 and it sold in days. That was right before the interest rates started going up. We moved farther out after selling.

[@cesarnarro6013]

I used to go to Austin a lot in the late 70's and 80's it was cool, i noticed it started to change during the 90's. Only been there once during the 2000's

[@DerraKormino]

Things are getting worse! Low-paying jobs, inflation, and insane rental rates prevent many from saving. Home ownership, a traditional retirement asset, is now out of reach for middle-class Americans.

[@JaneAnna-j6x]

I'm 62, and rising prices have derailed my retirement plans . I worry that today's economic conditions are more challenging than ever. The stock market's unpredictability, coupled with reduced income and soaring inflation, makes me anxious about having enough for retirement.

[@hoosier-daddy-wv5gi]

I've found working with a fiduciary advisor has been invaluable in navigating market uncertainty. Their expertise in risk management and hedging has helped me grow my retirement savings significantly to almost a million. With their guide, I've learned to diversify effectively, manage risk, adapt to changing market conditions. Their strategic approach has given me peace of mind and improved my financial outlook.

[@amoreauMike-t6z]

Can i get a recommendation on who you are working with?

[@hoosier-daddy-wv5gi]

I have worked with a few financial advisors before now but i ultimately settled for Melissa Terri Swayne. She is SEC regulated and licensed in US. You can easily look her up

[@EmmanuelleNatty]

I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@davidboudreau4054]

My wife and I moved to the Austin, TX area in 1996. We moved from Orange County, CA. We lived about 3 blocks from Disneyland. Moving to TX was one of the best decisions we ever made. Back then you could still get a 2200 sq ft home in Round Rock for just over $100,000. In my almost 30 years in TX, Austin has always been over-speculated by the real estate investors. And over-built too. Currently it has one of the highest luxury apartment vacancy rates in the nation. And it also has a huge amount of vacant commercial space too. And yet you can still see the tall cranes in Austin building more un-needed office/housing space. We moved out of the Austin area to Houston in 2011 though. Although just last month I was visiting a friend in Austin, we went to see Judas Priest at the Circuit of Americas F1 track/amphitheater. We stopped in on a open house that was on the market the following day. A small house, 1800 sq ft, new construction, near downtown area was $1.5M! You can get a 6000 sq ft mansion in Houston for that kind of money. In a neighborhood with Equestrian facilities, Tennis Courts, Ampitheathers, water parks, and miles and miles of walking trails. I know because I have one. And it didn't even cost me more than $1M....If you move to TX, avoid Austin. Everywhere else is priced more normally than those homes are. And they still have defunded the police and made the law abiding gun owners criminals. Just like in California.

[@EliMagidsLuxuryHomes]

Thanks for watching and letting everybody know. Best, Eli.

[@demitri1011]

First, Houston is also a blue area, just like Austin. Second, Houston's crime rate is much higher than Austin, especially violent crimes about guns. But if you feel happy in a more dangerous place because it's freer to have guns, it's your choice. Just don't be delusional that the conservative ideology make the society safer. it's not.

[@lichin11]

Yes, flee Austin now. It's horrible. Flee!!!

[@ElicBehexan]

I have lived in Austin since my parents brought me here in 1955. Is it hot, you betcha! Do I like it, nope. However, the house is paid for and I have had little trouble with my neighbors.

[@staciamj1]

I thought Texas does not pay income taxes, am I right?

[@ElicBehexan]

@@staciamj1 that is correct, however, they make up for it with property taxes.

[@butterflygirl2285]

@@staciamj1 The property taxes are atrocious in Texas. They are design to target the middle class only. It's called a regressive tax structure.

[@HomieSimpSon]

It's like a cancer....move to one area and increase the cost of everything. Then move to another area and do the same. It's a vicious cycle. I was born in Austin and lived there back when it was affordable...

[@mh0862]

Austin didn't have the infrastructure before everybody started moving there.

[@winoodlesnoodles1984]

Austin is stupid. Austin city planners thought if they didn't build the infrastruction they would force people to use public transportation. Oops!

[@JimBronson]

For real, 35 through downtown and up to Airport hasn't changed since the early 70s

[@cryptic7791]

That's interesting you say that because I just googled cities ranked on infrastructure and statista actually has Austin as the best city in the US I'm not saying that disproves you but it's interesting to see people have completely different takes on something like that

[@MoneyC225]

@@cryptic7791 Austin's freeway system is trash; it's nowhere near the levels of other cities similar in size like Indianapolis & Columbus. Even Birmingham's is far superior.

[@marcusmatthews8255]

True. Austin traffic was terrible. Reminds me of Atlanta traffic back when it was in its growth phase.

[@firefly-vc5ew]

As property owners, we got out last year.

[@HowardThompson-ux7kf]

I've lived in Austin for 25 years. Since literally the day I showed up, I've heard people saying EVERYONE is leaving Austin for all sorts of reasons. Cost, politics, taxes, Californians, traffic, you name it. The list of reasons why EVERYONE is leaving Austin is very, very long. Meanwhile Austin has doubled in size. So apparently not EVERYONE is leaving. Someone is still here.

[@TomSoundsGood]

Moved to Austin in 2017, bought a house in 2020. There’s good and bad but overall, Austin has been a wonderful place to live. Still happy to be here.

[@sab3295]

For a Tom.... But for a female no thank you.

[@Impozalla]

Austin has gotten to be really expensive. Majority of people who do to reside in Austin are mainly people who work in tech or people have money. The people who cannot afford to live in Austin, they have moved out to outer cities or completely out of Texas. Texas too has gotten really expensive.

[@ThunderStruck94660]

Yeah, I moved down from Dallas in July and did not expect the expense to live here and the traffic! Hoping things crash down a bit and to buy a house toward the hill country next year.

[@StevenPadilla-f8q]

Good get out. Home prices skyrocketed. Town doesn't need to be that big. Blame the mayor and city council for the greed. Austin was always a mid sized town. Stupid politicians

[@julias.4980]

THIS! CITY HALL GREED in SMALLER TOWNS and Cities EVERYWHERE is RUINING ONCE PEACEFUL, uncrowded communities. KEEP A CLOSE EYE ON YOUR CITY HALL AND MAYOR. NEVER TRUST THEM. MOST will sell out their neighbors to big business interests to line their own pockets (secret cash bonuses and other private perks), and the city coffers with tax revenue for more of their pet projects. Developers should NEVER hold office in a small community wanting to maintain its integrity because what you will likely get is unbridled development, loss of open spaces, and overcrowding with insufficient infrastructure to accommodate it all and there will be no turning back to "the way it was". You have been warned!

[@SteveAaroe]

Buyers just stopped going to Ashville, NC last week. There's nothing left.

[@WTHenry2023]

Good, "NC is full"!

[@TrollingWithTheTruth]

The locusts are done over there....😂....the hurricanes and flooding finished off the rest.

[@josiahbirthright24]

Big tech literally drowns communities left and right and up and down. Then it abandons the bloated corpse by the side of the road. I can't get past the feeling that once they truly perfect "AI" that we all will wake up after the initial dazzle has faded. And realize that we have been truly and permanently screwed.

[@Ultrajamz]

Austin as a city is the issue, not Texas. Not enough roadway/infrastructure. DFW was a smarter choice but companies instead bet on Austin being “hip” attracting talent…. Talent goes where you pay enough for them to go!

[@RedEyeC]

I know folks who are still moving to the surrounding small cities within a few hours of Austin - they haven't gone Liberal Woke like the major metropolis's have.

[@EliMagidsLuxuryHomes]

that is the truth !

[@howardbarrett9131]

Texas is basically mexico, ugh, you can have that taco-bender shit.

[@richardhenrysr5029]

austin never wanted to grow past it's size. we loved our community just as it was and when people from all over the world moved here we knew it was going to be a disaster! please everyone...go back home...we have PLENTY of local talent. growth is good but it's not good when people bring their bad habits with them here!

[@winoodlesnoodles1984]

This is what happened with Austin. Austin kissed the ass of high tech, which is well known for boom and bust cycles. The thought was to bring in people with money and the infrastructure they wanted would get built. However, the Austin government has always been far left. The plan was that if they didn't build up the road ways as people moved in, that would force people to use public transportation. That failed miserably. That is why Austin traffic is so terrible. The city planned it that way.

[@JimBronson]

I've lived in Austin 33 years and this is a surprisingly good market overview, considering he doesn't live here. I personally feel Austin jumped the proverbial shark 10 or 15 years ago, but it's taken the perception a while to catch up. This was truly a special place when i moved here all those years ago to attend UT. Now it's just like any other big American city with big city problems. Don't move here unless you have business or family ties, it's nothing special anymore.

[@countryguitaronline]

Just curious..Are you also factoring in renters or only home buying trends? Also, are you including people that move from Austin to Cedar Park or Leander in the group of people that are “leaving Austin”?

[@benanglin1458]

Been here since 1962. Austin went to hell when the Armadillo closed down. “Weird” just means f-d up.

[@michaelmusson3593]

I have been here since 71 and never put my finger on when Austin went to hell from the friendly little city to the urban nightmare it is today. But as you point out closing the Armadillo is exactly when it all started to loose it's charm. We will never capture the old Austin.

[@benanglin1458]

@@michaelmusson3593 / I think one period of marked character decline was the early 80s when 3M moved to town with all the Michigan immigrants.

[@frankiemendez4601]

​@benanglin1458 That’s not entirely true. Most of those Michiganers tended to appreciate and want to become part of the Texas culture. These newer ones coming in are bringing the crap they escaped.

[@RandomPersonOnTheLine]

Google literally increased their footprint in ATX since this lol. Meta declined everywhere. Oracle isn't leaving. Also, several new tech companies announced moving to Austin this year. The gigantic factory was never in ATX, it's in Bastrop, not even close....gotta love these doom and gloom vids.

[@WTHenry2023]

@@RandomPersonOnTheLine Oracle may maintain a presence but they are moving their HQ from Austin to Nashville, which is quickly becoming like Austin

[@Ronnock]

Born in 90. Left in 08, and have only really been back for family and friends. I believe it was on its way down around that time and it's never looked nor felt the same since.

[@jr-xs9tf]

If you experienced Austin in the 70s, its hard to believe it's the same place.

[@carefulconsumer8682]

Crime, traffic, pollution. In some areas, property taxes 3.5%

[@bigmoosem5237]

The amount of new condos and apartments I witnessed go up in the last 4 years is mind boggling. Many are still under construction and the finished ones are not fully occupied. Not looking good.....

[@msKita43]

I appreciate this video, hopefully it encourages others to leave or not come at all

[@richardhenrysr5029]

i agree!! i could have told them not to waste their time coming here...austin isn't going to change...they need to adapt to our culture...instead they want to blame austin for their silly ass little issues they have...if they don't come at all, it will be better for austin!

[@tinamarie0701]

Have lived in Austin for 28 years and I'll tell you it's hard being a conservative. I would love to move

[@baneverything5580]

I`ve always lived in rural areas. I moved to a town in 2000. Everything I had was stolen...even my garden vegetables and pets. I`m back in a rural area again where the only ones who get my fruits and vegetables are bunnies, birds, raccoons & possums. I use wireless alarms and shoo them away and cover things with mesh. I`ve planted some extra things for the wildlife that I let them have though. The birds help with garden pests so I feed them. I don`t eat store produce. I`ve never gotten sick from fresh garden lettuce.

[@MattTurnerA]

As a native Austinite who has lived in the area for the last 45yrs I can say that it was many things that cost Austin it's place in the best places to live. It started in the 90s when the city council gave the finger to the Texas Leg when offered road money. Bill Bunch coined the frame "If you don't build it they won't come" while he claimed to be an environmentalist (he really was an anti builder not an environmentalist as was proven when he and SOS fought the blowing sink deal). Then in the early 2000s the city council refused to increase the police funding citing their "safe city" rating, but not seeing that the winds had changed. Then more and more regulations and therefore more cost for permitting. Finally, Alder and Cesar push to allow homeless people to take over all public places in Austin. Pumping tons and tons fo trash into our creeks. Adding more and more crime. Now Austin is anywhere america

[@mlongoria124]

Im born and raised and I support this message

[@EliMagidsLuxuryHomes]

😀

[@ThomasMullaly-do9lz]

When people moved to Texas from California they brought certain behavior with them

[@johnd4348]

Left Austin in 2019. Life there became unsubstainable.

[@nfntnightmare]

I'm from Austin and it was a beautiful place to grow up and live but its been horrible for sometime now with the influx of crime and homeless people who migrated from mainly California.

[@crystalbluepersuasion1027]

The homeless have always stuck to the southern states because it doesn’t get as cold in the winter. It started to increase in numbers when Reagan cut funding for mental institutions and the patients were turned out with no place to go.

[@loiskelso7522]

We have a large homeless population the police notices state where people are from I know we have home grown homeless and on drugs most from out of state we don't tell you to go home yes iam from California north of Sacramento even trucks from Texas and we are not getting your best Californian we are not the same

[@TexasTexAnn]

Let’s talk about our water supply or lack of

[@rickhale6396]

Yep ! the water is drying up to many people and not enough water. It is happening in other parts of the state. Texas is a semi desert environment.

[@butterflygirl2285]

IMO - The same situation has occurred in Dallas Texas. The housing prices are insane.

[@daebak_hana]

Yes! We bought in 2016 and sold in 2018 for 100k increase. Bought a rural property for cash after this.

[@designthinkingwithgian]

What parts specifically?

[@butterflygirl2285]

@@designthinkingwithgian Sherman

[@shellieperreault6262]

Depending on if you are in a MUD district and a few other situations, the property taxes can be as high as 3.8%.

[@EliMagidsLuxuryHomes]

that is crazy high - wow

[@soccersprint]

Eliminate and Ban property taxes. Also shut down the IRS and significantly reduce or completely eliminate income tax. Find a better way to raise and use funds that the people have control of, and helps people instead of hurting people.

[@butlercreek4583]

😂😅😮🙏

[@crystalbluepersuasion1027]

Do that and watch the whole country go down the toilet…..and look and smell like a toilet.

[@soccersprint]

@@crystalbluepersuasion1027 you might go down the toilet but nobody else. There are too many ways to generate money to sustain quality of life without mandatory uncontrolled taxation. Just because you lack vision, ideas and ability does not mean the rest of the country has your limitations.

[@maryhobbs4183]

If you think sales tax is the way to go then you are mistaken. You write really blaming stuff

[@soccersprint]

@@maryhobbs4183 The right way to go is to eliminate unnecessary excessive government spending and borrowing first. Then significantly reduce taxes instead of always trying to raise tax and always looking for new things to tax. The next is to remove IRS and start a new fund gathering organization that does not make unethical tax adjustments and add unjust fines and interest followed by harassment and theft of assets and money. The next is to not give the state the ability to steal people's homes over property tax issues.

[@JDew79]

Austin is a HELL HOLE! Lived there for 6 years. If I never go back again it would be too soon.

[@DistrustHumanz]

I miss the good old days when the only thing we could make fun of Austin about was that the women didn't shave their armpits.

[@skibidi.G]

🤮

[@andrewmohler5131]

Now it's just one big hairy armpit.

[@re8746]

If Abbott does not fix our property tax issue, then he needs to be replaced with someone who will.

[@Waqulah]

Same thing that messes up every big city. Too many people and bad policies

[@tomg1247]

I penned this several years ago ... Uber Austin “Ever been to Austin?” the Uber driver asked. My companions quickly said no. I never got the chance to say, “Too many times.” He was off and running. A nonstop discourse on all that made Austin something that, by his reckoning, was different than the rest of Texas. Looks pretty much the same as other Texas cities to me- though not confined to Texas by any means. Overbuilt and overpriced. Smog and traffic and pretense to mask the cookie-cutter lifestyle. The underclass lurking in ubiquitous despair.

[@ankhpom9296]

Property taxes at 3% quickly became unaffordable. A repeat.

[@Robertking1996]

@@ankhpom9296 not even Preston Hollow in Dallas has 3%, that’s crazy

[@YYmmmYY]

It's quite strange. So there's no income tax meaning that the burden is exclusively on a small pool of landowners rather than being spread out among all workers?

[@Robertking1996]

@@YYmmmYY pretty much. If you’re high income, and renting in Texas you’re very advantaged. Property tax rates are rising + higher insurance costs.

[@bonesandbells]

The Austin metro was the hot area of 2021 especially, but it was the metro more than the city itself with a lot of demand to Leander ISD and Round Rock ISD and it's not surprising that there has been some pull-back in values when home builders were selling starter homes at $500k with tiny lots in communities with MUDs with 3% tax rates. The city of Austin still needs to address crime and aggressive panhandlers, but will likely vote back in the same terrible district attorney. The Austin metro is always a boom/bust metro with tech and higher interest rates always lower investment in tech, especially in startups and smaller companies.

[@catherinehazur7336]

Using the "VOTE" as a cover, the DA will likely be REINSTALLED behind your backs if he or she plays ball with the MOVER and SHAKER elite

[@reubenterry7623]

Austin became California or Cali Lite. As soon as Rogan and the rest of the podcasters migrated to Austin was the beginning of the downfall. Austin was already blue, now it’s ultra blue. Nashville will go the same route as Austin. Everywhere that turns blue turns to trash eventually.

[@lynnjenkins8732]

I know you trying to trash blue stage, but what's your dumbazz don't realize is that we in Blue States live longer than you ignorant azses, almost every damn red state is broke, and your life expectancy can be as much as 7 years shorter than those who are in blue states, if we want your hick azs advice we'll ask you for it😂😂

[@RedEyeC]

A shame - but you're right. Mostly those on welfare or other entitlements find it easier to live in the largest metropolis's - more entitlements and quicker to get the freebies. 90% of Kamala Harris supporters are on welfare or some other Federal entitlements.

[@plumtart]

Wow, you gotta lot of blame to throw around, why don't you look at stats for red states in terms of quality of life. Red Mississippi, Alabama wouldn't exist but for the taxes of blue states

[@lalalalalalalala4264]

All my neighbors are Biden supporters and they're native Austin while my husband and I are Trump supporters from CA. If you have the brain to figure it out, you would know for decades, voters in Travis County have generally favored the Democratic candidate over the Republican. Nice try though.

[@reubenterry7623]

@@lalalalalalalala4264 I’ve known Austin to be blue, always the bluest place in all of Texas. Again, the influx from the west coast has turned it ultra blue hence forth why everyone is leaving. I have family from Austin and they said same thing I did. Austin is 5 to 10 years from being San Fran.

[@celestialfix]

Austin peaked as a vibrant, clean, creative and pleasant place to live under Mayor Lee Leffingwell around 2012……it’s been going full Progressive/Marxist downhill ever since.

[@thesaltycrone9237]

You got that right. When the people that moved here and destroyed it get sick of what they created, they move on to another once conservative, safe, affordable place and go about destroying that city. Nest soilers.

[@hunterhill1013]

Facts

[@fireflymary9269]

Real estate in America is ruined. Crime. Shitty politics.

[@brandonfouts4074]

Have you seen the traffic? no one is leaving

[@JimBronson]

Not enough to make a difference, with our overcrowded freeways.

[@M4sterT3ch]

Been here 40 years, native. I praise everyone who is leaving. This is great news.

[@peterrex8191]

In NYC…lifelong resident..and when many of the Brooklyn hipsters kept telling me they were moving to Austin..after supporting the dismantling of 20yrs of progress in the city 1994-2014…2015-2021 only to see it suffer from the policies they supported..I thought wow those poor people in Austin..if they only knew …and now they know..

[@ivanzepeda1405]

I lived in Austin for 1 years i learned real quick that it is over rated out side of rainy st and 6th street you don’t have much to do!!! It trying to hard to be like California!! It will never be like cali!!!

[@789juggernaut]

We live here in Austin and love it. So many things to do, so many great people. Yes, there have been changes - some good some bad. Same thing happens in most large cities. This video is social media 101 - spew fear and loathing, get lots of clicks. Nothing to see here.

[@rmcgraw7943]

I left in 2019 and it was a great decision. Everything that was great had quickly died off, especially 8th Ave and most of downtown. The liberal mayor allowed crime to persist with impunity, making even a night on the town, what Austin was most known for for decades, great live music, became very dangerous and often involved 1 or 2 unpleasant events involving homeless or crime. All of my friends still there are looking to get out, so I am helping them move to the North Atlanta suburbs and Nashville. Charlotte is no better, by the way.

[@WTHenry2023]

@@rmcgraw7943 agreed Charlotte has always had an insufficient road system compared to its traffic. They needed I-485 for years and it was overcapacity in the southern stretches of the city from the moment it was opened.

[@EmanuelCrag]

I love it here. I just hope more people dislike it so people who like it can live happily without all the negativity, go find your happy place.

[@rickshaw5595]

I hope all those new people bitching and complaining do leave. Those that have been here longer than 30 years do not want you here either

[@louiskowalsli6223]

Property taxes have skyrocketed and it is now impossible for the workers to live there. Not good.

[@Hawtload]

Austin's major roads are parking lots at all hours of the day now

[@Agent77X]

Austin is now SF!😮

[@tBone20082]

Sf has lots of life and business ...

[@huntingtonbeachanthony4957]

@@Agent77X Actually, closer to LA in the type of energy of the people. I love Austin!

[@eradicator187]

Full of Libtards

[@rafaelmariscal9170]

I didn't know San Francisco had tornados, flooding from major storms, hot humid summers, and 3% property taxes. The flooding was specially bad this year in Texas and that was a wake up call for a lot of the recent newcomers. The high property taxes and high reassessment will be the nail in the coffin for the Texas real estate.

[@RedEyeC]

Austin went Liberal Woke Taxes go up, fees / permits go up, crime goes up - then it's time to leave. Some businesses aren't going far - it's just the Austin city limits that's affected.

[@EliMagidsLuxuryHomes]

agreed !

[@EliasZea-y9w]

It has always been, but for texans. Evrything went to shit when the filthof the nation (LA and Valley californians) started moving here

[@hadleymanmusic]

Went to dripping springs and the wind blows all the time but hot like a hair dryer

[@kevinhenault434]

This same issue has happened all over the world. We live in Costa Rica and prices doubled and sometimes tripled in 2 years after covid. Go live in a town that no one is talking about and you might stand a chance of affordability.

[@michaelweyenberg6238]

They've been building new high-rise condos for years now. I always wondered how they'll ever fill them. There's simply not that many rich people.

[@gypsyHAASy]

Quality of Life in ATX is trash.

[@MyUtubeScott]

Seriously, do you care to share your experiences or you just a typical troll making lazy comments on Real Estate self promotion video. I moved to Austin area 11 years from OH and found itvto be far from trash. I've been in National Sales for 25+ years and been to every state and every large metro area and I know you don't know what you are talking about. Austin is far from perfect but your comment is extremely ignorant. I can wait until your kind gets the hell out of Austin so that traffic isn't so bad. Please move

[@ATXviIIIe]

Where do you live?

[@halbogatz3780]

Williamson County, just to the north of Austin is booming due to massive amounts of Austinites fleeing Austin due to the cost of living!

[@JackHood-gy3cj]

Williamson is having the same issues. Uncontrolled development and housing prices to high driving our property taxes up to pay for the developers roads and infrastructure. I live on the northeast side of Georgetown and the whole Samsung deal is really messing up our quiet country lifestyle and ability to enjoy our property as the farms and ranches get bought up by developers. The county government just seems to only focus on growth and not the current residents that are paying the bills get roads cut through their property.

[@233hao]

People migrate out of FOMO. From San Fran to Austin to Nashville to Asheville. Everyone repeats the same script "This [enter city name] is not like it use to be. [enter city name] is really expensive and is not worth it. The downtown of [enter city name] is filled with homeless people. The politics of [enter city name] are not what I stand for.." We truly are drones moving in droves. What is the next utopia ? Chattanooga ?

[@skibidi.G]

Appalachia

[@r.pres.4121]

The high tech industry is now eyeing both Baltimore MD and Syracuse NY.

[@lalalalalalalala4264]

I love how realtors make videos like this and don't even live in Austin. I see new businesses opening up all the time.

[@EliMagidsLuxuryHomes]

Just information

[@EliMagidsLuxuryHomes]

These videos are just informational. Didn’t say Austin is going out of business. Just said that I real estate market is not as strong as at once was

[@awkwardtexan]

The businesses that have left far outnumber the new ones. Let's see how long they survive. They're lucky to survive longer than 3 years in most cases.

[@TheAlorean]

Austin is by far the most liberal city in Texas and that was part of it success . It’s literally always been liberal woke. However there has been an influx of conservatives moving to Austin. More trump supporters than ever before. I mean even Elon is red. Austin actually got less liberal during the pandemic era.

[@awkwardtexan]

@@TheAlorean There's been a mass exodus for a while, way before the pandemic. They were closing schools prior to the pandemic due to families moving away. Things went downhill fast with the influx of liberals. Crime has increased, we had gentrification in East Austin, taxes have gone through the roof, police force is decimated, etc. Austin used to have a nice mix of both liberals and conservatives and even had friendly competitions between North and South Austin. Elon doesn't live in Austin, he's smarter than that. LOL Now, everyone is bailing because Austin just isn't a great place to live anymore. It certainly isn't less liberal.

[@scottjohnson9225]

Texas is the 4th highest in property taxes.

[@hunterhill1013]

Thats because they dont have a state income tax

[@lezbhonest_0]

Hearing this makes me happy for the future of my home

[@Richard-t2b]

They’re fleeing from your shirt…Ha,Ha,Hah…. 😂

[@EliMagidsLuxuryHomes]

Hi Richard.. It’s possible that my shirt has scared away a bunch of people I like loud , colorful shirts.. your comment made me laugh, and made my day. Thanks for stopping by and busting on my shirt. 😀😀

[@armstrongdavid342]

Are undeveloped property taxes still high?

[@captainbernhardf]

Austin little California

[@heythere6983]

what part of NC was not damaged by the hurricane?

[@dogisluvdogluvs8572]

Property taxes don't change no matter your income. Lose your job ,retire doesn't matter taxes are the same.

[@jimschachtschneider7741]

True. Since there is no income tax in Texas - sales and property taxes make up the difference.

[@Not_So_Weird_in_Austin]

I fled north to Williamson County in 2017. They same thing happened in Silicone Valley and Boston when I lived there too. Low cost suburbs...

[@DianeGriffin-k8p]

Im from Texas, and I never understood the love of Austin it is just a very dusty college town. There are no museums or art galleries, just bars and pork.

[@frankb.3556]

There are museums and art galleries.

[@hunterhill1013]

The beautiful nature and countless local swim spots used to be a gem

[@ELIE-3173]

Aquarium, kids Thinkery museum, art exhibits, trails. Do you actually look into what you say, or do you just spout nonsense and expect it to be fact?

[@heythere6983]

museums and art galleries are a waste of time. Im a musician and like art but really, how useful are museums or galleries..

[@hunterhill1013]

@@heythere6983 theres plenty of live music as Austin is the live music capital Art galleries and museums are a fun way to spend a day with the fam. Youll understand when you have kids

[@brambledemon1232]

I went there once and the homeless problem is real. I walked into one area near Stubbs and it was a mess. Texas has serious problems with water too.

[@Cheyennewashere]

It is quite disturbing how many Austinite’s are ignorant of their own city. Do your research on C40 cities…there is a dedicated website. Blame Californian’s at your own peril.

[@arribaficationwineho32]

They built huge big block buildings and are now moving out? That is so typical of companies moving into “affordable” areas then leaving the towns with worthless buildings. It happened here with KMART and Walmart rebuilt leaving previous buildings empty. City leaders are paid off and refuse to look forward.

[@rkgaustin]

Where can I get that shirt?

[@EliMagidsLuxuryHomes]

i have a bunch of crazy shirts--! The company is called eight -x ... they change them up often- and they run small !!!

[@mattanderson6672]

Fantastic analysis Thank you Sir

[@EliMagidsLuxuryHomes]

Most welcome!

[@dpharr100]

Defund the police is the culprit Law & order has broken down

[@asrr62]

Tell me your credentials expert! What do you know about law!?

[@tommytomtomt]

So why? So many people moving there and prices are going up if it's so bad.😅

[@theleastsignificantbit4794]

Austin has piss-poor infrastructure and a high cost of living.

[@fozzir]

I grew up in Houston but we'd go to Lake Travis for fishing and water skiing in the summer. This was in the late 70s, early 80s. Went back around 2012 while visiting the Oasis, man the lake looked so sad and depleted. So many homes built around that lake are now abandoned and left to rot.

[@dariusbrock2351]

I hope the city doesn't become stagnant and start to die like some cities. I want the growth to slow down but not stop. The city leaders should make improving infrastructure a major priority.

[@JetFire9]

Have you see the whackos that are the city leaders? They will drive it into the ground.

[@onemad1425]

I've been working in Austin for 17 years. We are in the process of leaving the state due to the cost of living and overcrowding coupled with the stagnant wages. The lies about increasing wages are just that. Average wages are higher due to the lowest being lifted but the skilled among us are left to bear the burden. We've had enough. ✌️

[@phyllismay4384]

6th Street sucks now. I moved out of Austin in 2008 and bought a house and property and never looked back.

[@2a2dabay2atx]

I'm a tech chef from silicon valley. I'd love to get out of here.