You mean the folk with highest purchasing power (2-3x median wages of the averag...

		darth_avocado 15 days ago \| parent \| context \| favorite \| on: Austin’s surge of new housing construction drove d... You mean the folk with highest purchasing power (2-3x median wages of the average person in the city) moving in and out of the city have negligible impact on the average rent in the entire city? I guess the 20% increase in rent in 2021 in Austin was just vibes.

What was the increase in rent across all major cities in the US in 2021?