The factors that drive real estate appreciation are very well known: migration, job creation, low interest rates, and accessible credit drive price appreciation as long as supply isn't increasing equally rapidly. Over the next two years, Austin will see very strong migration and job creation in a low-interest rate environment with only small increases in the supply of housing. As a result, both rental rates and housing prices are expected to rise. In downtown Austin, where prices are already rapidly increasing, this trend should be particularly strong.According to Employment Spectator, Austin will add more than 45,000 . . .
