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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Видео Housing prices boom as workers move to Austin, Texas, abandoning high living costs in California канала CBS This Morning
Each weekday morning, "CBS This Morning" co-hosts Gayle King, Anthony Mason and Tony Dokoupil deliver two hours of original reporting, breaking news and top-level newsmaker interviews in an engaging and informative format that challenges the norm in network morning news programs.
Subscribe to “CBS This Morning” on YouTube: https://www.youtube.com/user/CBSThisMorning
Watch CBSN live: http://cbsn.ws/1PlLpZ7c
Download the CBS News app: http://cbsn.ws/1Xb1WC8
Follow "CBS This Morning" on Instagram: http://bit.ly/1Q7NGnY
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Видео Housing prices boom as workers move to Austin, Texas, abandoning high living costs in California канала CBS This Morning
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