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This is the decades-old question of whether, at any given point in a market's upswing, is it better to rent vs buying in Austin.  We often hear potential Austin home buyers saying things like "The Austin real estate market looks like it may peak and I'm wondering if I should wait until prices go down before I buy Austin tx real estate".  Well, it's hard to time any market and, from the studies we've seen, why would you want to try?  

As long as interest rates stay anywhere near the level they are at now, it will likely be better for consumers to rent a home in Austin vs buying a home in Austin.  See this article from CNC where they state that in every one of the 100 biggest metro markets, buying a home was found to be the more affordable path over

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