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The Impact of Mass Migration on the Housing Market
RH: I've been noticing an increase of conversations about people who maybe were born and raised in the Bay Area or came back to live after college wanting to move out. Do you think there's any sort of impact on the housing market where you see a mass migration of people, RH, moving out? Or do you feel like the effect of that is more negligible? It's definitely there. People say Austin is the next Bay Area in my personal opinion. There's just so much more land here...Austin will still be okay with all these tech companies still being here.