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Started By
Message
re: The new apartment complex across mine is only 26% occupied
Posted on 9/4/25 at 8:20 am to azcatiger
Posted on 9/4/25 at 8:20 am to azcatiger
quote:
I used to love Austin. Now I can’t stand it. My daughter finally moved away earlier this year after grad school there and working for 5 years after. The shine has worn off. Too crowded and lost the smaller town feel it once had.
That happened at least two decades ago, maybe longer.
0
Posted on 9/4/25 at 8:22 am to Fat and Happy
quote:
It will become a dumpster fire but the owner will get paid very well for making it section 8
I once worked with a guy that had 4 doubles in N.O. and they were all Section 8. He loved it because the money came on time from Uncle Sam and if the tenants tore stuff up or stole things, he got compensated to repair or replace it--------at least that's how it worked back in the 80's. Not sure if that is still the case.
Posted on 9/4/25 at 8:28 am to baldona
quote:
Wtf are you talking about, like any business nothing is guaranteed.
I guess cities don’t monitor their own expansion to see if building all of these structures is a good or bad thing for the city. Vacant buildings typically aren’t primed to shoot up real estate value or any value besides vagrants.
To each their own I guess. Keep building Austin. They will come!
This post was edited on 9/4/25 at 8:30 am
Posted on 9/4/25 at 8:32 am to IT_Dawg
quote:
is a 230 unit apartment complex huge?
That's equivalent to 4 decent-sized subdivisions.
Posted on 9/4/25 at 8:35 am to yaboidarrell
I laugh at the few Californians I know that moved to Austin. Few of them already moved back and the others talk about wanting to 
Posted on 9/4/25 at 8:36 am to rltiger
quote:78613
What the zip code
Posted on 9/4/25 at 8:37 am to el Gaucho
quote:
You should be thankful that it’s not all section 8
Maybe corporate apartment developers finally discovered that vacancy is better than holes in the drywall and shootings in the parking lot
A non-trolling el gaucho post, mark the date.
Posted on 9/4/25 at 8:38 am to PelicanState87
quote:
Apartment builders are the dumbest people in the world. They hear population growing and go crazy. They don't even assess if the growing population can afford to buy or rent. Most can't on their own and live in multi-family homes or with roommates.
The developers don’t give a shite, they build it and then sell it to a management company. They get their nut either way
Posted on 9/4/25 at 8:41 am to yaboidarrell
Turn it into Austin Alcatraz.
Posted on 9/4/25 at 8:44 am to yaboidarrell
Leftist policies get you leftist outcomes. Shocking
Posted on 9/4/25 at 8:45 am to yaboidarrell
At least you wont't have a homeless problem.
Posted on 9/4/25 at 8:46 am to yaboidarrell
That's weird.
Posted on 9/4/25 at 8:47 am to yaboidarrell
They had to go back
Posted on 9/4/25 at 8:51 am to Mingo Was His NameO
quote:
The developers don’t give a shite, they build it and then sell it to a management company. They get their nut either way
that’s a bingo Mingo.
I’ve seen this happen first hand in suburbia TX. 9 years ago we moved into one of the highest rated school districts in Texas. Nothing but planned out neighborhoods, parks, good schools, and cow pastures.
Slowly but surely developers built dozens of apartment complexes and strip centers in said cow pastures. Most of them initially struggling to fill up. Overtime, they fill up with undesirable families. The strip centers empty for the first few years then turn into CBD joints, Dollar Stores, and Mexican Restaurants. And within 8-9 years the school district goes to absolute shite. And the middle/upper class families move out.
Which is why as a family, it’s unlikely we will ever own a “forever home” as long as our kids are under 18. We’ll just keep moving from school district to school district to fight this.
This post was edited on 9/4/25 at 8:53 am
Posted on 9/4/25 at 9:05 am to Klark Kent
quote:
I’ve seen this happen first hand in suburbia TX. 9 years ago we moved into one of the highest rated school districts in Texas. Nothing but planned out neighborhoods, parks, good schools, and cow pastures.
often not just an apartment issue. Burbs around Houston are built at such a fast rate that the second, third and 4th buyers get increasingly trashy because why would someone with money buy in an older burb when there is a new "nicer" one just down the road.
Sharpstown for example but that was more a 80s oil bust to ghetto transition, thankfully the asians took over and the worst crime is gambling at Sharpstown golf course.
Spring is a great example, that stretch of kuykendahl has gotten hood as shite.
I don't know Katy all that well but i've heard the northside has gotten pretty cultured with aparment complexes.
Posted on 9/4/25 at 9:14 am to Dire Wolf
Back in a previous Houston downturn, owners were bulldozing older apartment buildings because the property taxes were killing them and the tax on undeveloped land got around a lot of the millages.
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