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How Austin’s stunning drop in rents explains housing in America from Vox - All RSS feed.

How Austin’s stunning drop in rents explains housing in America

Here is one narrative violation in the usual drumbeat of doom that we’re used to hearing about housing in America: The rent, in many cities across the US, is getting cheaper.  After soaring to Covid-era highs, rents have cooled. Last month, the national median rent was down 1.7 percent from one year prior, according to […]