It's the Brian Laird Show on WNYC.

Good morning again everyone.

Think of a city that has a severe housing shortage

and can't figure out how to add enough new affordable units.

You only get one guess

new york that's right

you all got

now think of one that somehow

is adding a lot of apartments to keep up with rising demand?

Well, apparently the answer is Austin,

the capital of Texas, is expected

to add more apartment units than any other city in the country this year.

How?

This comes after years of an influx of demand

that drove up housing costs.

Like happens lots of places, like has happened here. In 2021, Rent rose at the fastest pace in that city's

history. A year later, Rent Growth exceeded every other large city in the country.

Bad news, right?

Well, reportedly, the new moves to build

will bring those prices down for renters and buyers.

But if you were to look at some of the media headlines. renters and

the buyers, that wouldn't be good news either.

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