Property values, guns and oil
If you feeling the squeeze here in Austin, maybe this is the reason for it. Salaries are increasing only a little more than 1% per year before inflation, and one of the lowest; house prices which many see as the bellweather of the Austin economy and many would argue the reason for so much [unwanted?] change, are also significantly lagging.
The areas with most growth? Those around significant development areas for guns and oil, Austin-Round Rock-San Macros, Killeen-Temple-Fort-Hood and Odessa, Texas are all discussed. Read through to the comments on both blog entries, I learned something… A Wonk isn’t just a cuddly creature from The Adventures of Wonk by Muriel Levy