Tech companies moving out of their Austin-area office spaces

Tech companies moving out of their Austin-area office spaces | KVUE

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Жыл бұрын

Over the past few months, we've been seeing more tech companies moving out of their Austin-area offices. KVUE's Melia Masumoto spoke with economic and real estate analysts about what this means for the city's evolving downtown.
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KVUE is Austin's ABC affiliate station and has been delivering local news for Central Texans since 1971. Today it is owned by TEGNA, Inc., which reaches approximately one-third of all television households in America. www.kvue.com

Пікірлер: 38

@Scarlett-jq4cj Жыл бұрын

Boomtown is not an affectionate term. There are many ghost towns in Texas, which were once oil "boomtowns". The fact that developers won't stop building these huge buildings while businesses are moving out is a warning sign of a slowing economy if you ask me.

@safeandeffectivelol Ай бұрын

Those development projects are planned and financed years in advance. It's hard to stop them without going bankrupt.

@austinb3560 Жыл бұрын

Dude got the vans air forces on

@oceanblue888 Жыл бұрын

Because the expenses, taxes and the crime rates are higher now.

@denkeylee Жыл бұрын

Fun Fact, Austin is slowly turning into a Democratic S-hole.

@Frenchieeeee Жыл бұрын

partially thanks to the same people that moved in

@christianbrother4724 Жыл бұрын

@soon Austin is so dysfunctional now it can't even mimic San Francisco. We used to have a version of the trolley car downtown and they got rid of them.

@OliverGuerrero82 Жыл бұрын

I’d think it be cool if they turned some empty spaces to communal studio spaces where podcasters and photographers could have studio spaces to use. But people hate the arts so… 😢

@ghostrider2664 2 ай бұрын

I think that ship sailed SEVERAL years ago. We could've used your voice at that time. Where were you? Where was everyone?

@RJ-is9ko Жыл бұрын

Vacancy rate is a bit lower but housing is much much more expensive there and it's much more of a boom town than dallas and houston in terms of tech startups and migrants from out of state.

@karlad4082 2 ай бұрын

Wow! That was quick!

@christianbrother4724 Жыл бұрын

Get ready. the crash will come. I have been here 50 plus years and have seen it again and again.

@calvinhue Жыл бұрын

Very convincing bro

@Trollinskyy Жыл бұрын

@@calvinhue they come every like 9 yrs, not the craziest prediction lol

@safeandeffectivelol Ай бұрын

@@calvinhue Because it's different this time, right? 🤣🤣🤣

@Victou88 Жыл бұрын

Austins trying to evolve and be a city without any city infrastructure and lacks the most basic needs like public transportation and there's also a serial killer on the loosssss! a lot of folks are moving out, I will too very soon!

@cynthiawanek8353 Жыл бұрын

Haven't heard of the serial killer?

@jus3278 Жыл бұрын

Turn it into residential properties

@nottheone582 Жыл бұрын

They need to turn them into housing. The price of housing close to DT is insane. Remote work isn't going anywhere these talking heads need to smarten up. Office space is for dinosaurs

@safeandeffectivelol Ай бұрын

Not so easy to turn an office building into residential. The main problem is the plumbing

@nottheone582 Ай бұрын

@@safeandeffectivelol when the pain of CRE gets bad enough they'll find a solution. We're obviously not there yet .

@safeandeffectivelol Ай бұрын

@@nottheone582 When the renovations cost more than the building is worth after the renovations, the solution is demolition and rebuild. The only other solution is communal bathrooms for every tenant on the floor.

@stub4488 Жыл бұрын

Just follow New York's example.....oh yeah they are!

@Dr_1212 Жыл бұрын

🤔

@AY-nr5uy Жыл бұрын

downtown Traffic

@TucoJames Жыл бұрын

The crash is coming you can see it in their eyes :O

@aaron.3000 7 ай бұрын

It'll be cool if it happens, and they're forced to rent out office spaces as living spaces for really cheap.

@jjs21582 Жыл бұрын

They should move out of Texas.

@NeygarzruinedAmerica Ай бұрын

Nah Texas is nicer than Cali and nyc

@thefamily512 7 ай бұрын

Clown wearing sneakers 😂

@FredWilliamson-kt6xe Жыл бұрын

Give those vacant buildings to the homeless and migrants.

@aaron.3000 7 ай бұрын

I mean, REALLY. Youre right. Some of them, anyways. Everyone keeps ralking about how they don't wanna see the jomeless...give thwm a buildung and make them live there lol.