Housing prices boom as workers move to Austin, Texas, abandoning high living costs in California

Remote workers are moving from high-priced areas like Silicon Valley to cities like Austin, Texas, creating a housing boom. Home values in Austin have jumped more than 18% in the last year — creating a shortage of affordable units. And while the newcomers are bringing spending power and jobs with them, some say they’re changing the fabric of a city that’s motto is “Keep Austin Weird.” Janet Shamlian reports.

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