Multifamily developers struggle to keep up with Austin's booming job market

Multifamily developers struggle to keep up with Austin's booming job market
In March, Austin’s employment growth rate climbed to 2.5%, far above the nation’s average of 1.6%. With Apple and Amazon both announcing further job expansions within Austin, there doesn’t seem to be an end in sight with regard to job growth. In the midst of it all, rent growth rose at a 3.7% rate through April. 
Source: https://www.housingwire.com/rss