The asked prices are high, but are the business being closed? I have the habit of perusing real estate sites for passing time and keeping a general idea of the prices, should I have/want to move, and one thing that I've noticed is that while prices are high, there are a lot of houses in the ads that have been advertised for a really, really long time. Different sites and different ads for the same house sometimes have different cover photos, but I have been seeing the ads for such a long time that I can immediately recognize a lot of those houses on the first look at the ad.
It was last sold in 2015 for $7m.
I see residential construction of all kinds (high density, low density) all over the city including in the middle of downtown
Austin will never be a dirt-cheap city, but it is cheaper than the Bay Area and they are actually trying to build
Yes, the result will be some sprawl but Texas is big and families do not want to live in apartments
In ex soviet block countries apartments were surrounded by greenspace, courtyards, playgrounds, etc. you are not reliant on your garden