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  #2441  
Old Posted Dec 15, 2023, 10:00 PM
Werdman89 Werdman89 is offline
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Quote:
Originally Posted by JAM View Post
There is some language at that link in my prior post - lower right, 2nd pdf file down. Happen to know if this new code eliminates the concept of a guest house?
Yes, HOME eliminates any need for guest house/ADU reform. It's all legal now.
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  #2442  
Old Posted Dec 15, 2023, 10:11 PM
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JAM JAM is offline
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Quote:
Originally Posted by Werdman89 View Post
Yes, HOME eliminates any need for guest house/ADU reform. It's all legal now.
I finally read thru 10 times and figured that out!

What is the situation with tiny homes and multi-family residential (four or more) and Group residential. It mentions all of these, but doesn't specify lot size or zoning requirements for these 3 items.

And what do they mean by "repealed" -vs- "deleted". for example Guest house section was deleted, but Apartment section was "repealed"
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  #2443  
Old Posted Jan 5, 2024, 5:26 AM
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clubtokyo clubtokyo is offline
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"Austin unemployment rate decreased slightly to 3.0% in November 2023"

https://www.wfscapitalarea.com/news-...Capital%20Area

What was it pre-covid?
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  #2444  
Old Posted Jan 5, 2024, 2:44 PM
Novacek Novacek is offline
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Quote:
Originally Posted by clubtokyo View Post
"Austin unemployment rate decreased slightly to 3.0% in November 2023"

https://www.wfscapitalarea.com/news-...Capital%20Area

What was it pre-covid?
Looks like it was about 2.5% November 2019

https://www.statesman.com/story/busi...ow/3955062001/

I wouldn't necessarily call this any worse. In some respects 2.5% (or even 3) is too tight of a labor market.

And of course the Austin metro is probably 10-15% larger than it was then.
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  #2445  
Old Posted Jan 5, 2024, 5:51 PM
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clubtokyo clubtokyo is offline
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Yeah I agree, 3% is a good number.
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  #2446  
Old Posted Jan 5, 2024, 6:32 PM
JoninATX JoninATX is offline
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With all the Tech layoffs that happened last year, 3% is impressive.
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  #2447  
Old Posted Jan 5, 2024, 7:27 PM
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GoldenBoot GoldenBoot is offline
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Yes. 3% is quite healthy!
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AUSTIN (City): 974,447 +1.30% - '20-'22 | AUSTIN MSA (5 counties): 2,421,115 +6.03% - '20-'22
SAN ANTONIO (City): 1,472,909 +2.69% - '20-'22 | SAN ANTONIO MSA (8 counties): 2,655,342 +3.80% - '20-'22
AUS-SAT REGION (MSAs/13 counties): 5,076,457 +4.85% - '20-'22 | *SRC: US Census*
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  #2448  
Old Posted Feb 6, 2024, 3:56 PM
urbancore urbancore is offline
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From the ABJ this morning.


The 2024 Milken Institute Ranking of Large U.S. Cities

1.Austin-Round Rock
2.Raleigh, North Carolina
3.Boise, Idaho
4.Salt Lake City, Utah
5.Provo-Orem, Utah
6.Nashville-Davidson-Murfreesboro-Franklin, Tennessee
7.Fayetteville–Springdale–Rogers, Arkansas/Missouri
8.Dallas–Plano–Irving
9.Olympia-Tumwater, Washington
10. Charlotte-Concord-Gastonia, North Carolina/South Carolina


Here are some highlights:

Austin ranked first in five-year job growth, with its tech sector growing just under 63% between 2017 and 2022.
Between 2017 and 2022, the metro’s job market grew 23%, with a 73% increase in wages during that period.
It ranked No. 8 in five-year growth in high-tech gross domestic product and No. 7 in terms of high-tech GDP concentration.
Austin ranked No. 4 for the diversity of its tech industry.
The area also showed improvement from past years for its housing-affordability ranking. It came in at No. 120 in that metric this year, compared to No. 143 in 2023.
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