re: Why does a big home 20 mi from downtown Austin cost as much as one 20 mi from..

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Ask a realtor. They are required by law to tell you this stuff.

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Actually the opposite is true. Realtors lose their license for steering people towards or away from areas because the racial makeup of an area. It's against the law.

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The process whereby builders, brokers, and rental property managers induce purchasers or lessees of real property to buy land or rent premises in neighborhoods composed of persons of the same race.
Steering is an unlawful practice and includes any words or actions by a real estate sales representative or Broker that are intended to influence the choice of a prospective buyer or tenant. Steering violates federal fair housing provisions that proscribe discrimination in the sale or rental of housing.

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