Austin rent Prices hitting peaks

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KLBJ RADIO (April 7, 2018) – Real estate economists say Austin’s rent prices have rocketed to as high as renters are willing to pay.
Austin’s average rent now hovers around $1200.00 and Chief Economist Greg Willett of RealPage.com explained it could still rise by another 2% in the future, pushing even more people out. For middle to low-income rentals prices have seen massive increases, but have hit an economic ceiling on what renters can actually afford.

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