Per Bloomberg Businessweek; Austin, Texas, Ready or Not, Becomes Hot Spot for Silicon Valley Transplants
Austin, Texas, Ready or Not, Becomes Hot Spot for Silicon Valley Transplants - Bloomberg April 8th, 2021, Click Here for the direct link to the Bloomberg BusinessWeek Actual article. Silicon Valley Is Flooding Into a Reluctant Austin The city, which has been booming for a decade, has been the top destination for tech workers leaving California during Covid. Written by Lizette Chapman Matthew Congrove got the first offer on his house one month into the pandemic. Now, says Congrove, who lives in an eclectic neighborhood on Austin’s east side, he gets about a half-dozen all-cash offers every week. They come by phone, via text, in the mail, hanging on his doorknob, and slipped under his door. In the boldest attempt, a stranger simply showed up at his home unannounced and asked to buy it. For years, Austin has attracted far-flung newcomers with its food and music scenes, along with low taxes and cost of living. The city grew 30% from 2010 to 2019, making it the fastest-growing ...