Even during downturn, San Antonio better city to invest in real estate than Austin, industry expert says

Despite rising interest rates and economic uncertainty, one industry expert predicts that San Antonio's housing market will not only survive the current downturn but fare far better than those of Austin and other pandemic boom towns. Amir Korangy, publisher of online real estate media publication Real Deal and adjunct professor of real estate media and information at Columbia University, told the Current San Antonio's economic fundamentals mean it's unlikely to see as dramatic a housing downturn as Austin. "I would expect San Antonio to be more steady and less prone to fluctuations than Austin — probably remaining a generally more affordable option and featuring less speculation," Korangy told the Current in an email.