Mobile Tech & Gadgets

Tonight we have a moon eclipse and with him a phenomenon surrounded by panic and superstitions: the “blood moon”

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An eclipse occurs when an astronomical body blocks another. The effect is usually the total or partial darkening of this second body. However, in some lunar eclipses, the shadow projected by the earth does not completely obscure the satellite but “dye” red. They are blood moons, and this morning we may have the opportunity to see one. Eclipse. This morning A total moon eclipse will occur which will carry the so -called “blood moon”, a darkening and redness of our satellite caused by the transit of the earth between this and the sun. The total eclipse will be visible throughout Latin America and can also be seen from the center and western the Iberian Peninsula and from the Canary Islands. The rest of the Spanish territory can only see an eclipse Penumbral de Luna. The gloom will begin to obscure the moon in Spain Around 5 in the morningPeninsular time (CET), but the partial eclipse will not begin until after 6 in the morning. The eclipse will reach the totality at 07:26 CET, at which time the moon will also be reddened in its path after the earth. Blood moon? This is the phenomenon known as Blood moon and it is common in lunar eclipses. Although it may seem contradictory, this color change is produced by the same phenomenon that gives blue to our heavens. Let’s start with the most basic. The moon lighting is because it reflects sunlight. The light that emanates the sun, although we associate it with yellowish or orange tones is, in reality, white. This target is actually the result of the fact that the sun emits light in a wide range of frequencies in the visible spectrum, whose sum generates white light. This fan of colors is what we can see in the rainbow or when we pass sunlight through a prism. Guilt of the atmosphere. When this white and multicolored light reaches the terrestrial atmosphere, This breaks it down as if it were a prism. The blue light, with a shorter wavelength, tends to spread when crossing with the gases of the atmosphere, bouncing and reaching our perspective as if it arrived from the sky. However, the longest wavelengths, reddish tones, They blur to a lesser extent and continue on their way. This makes the shadow of our planet project a kind of reddish ring around. It is this ring is what gives that copper color to the blood moon. This interaction between the solar rays and the atmosphere of our planet is also responsible for the sunrises and sunsets also becoming red. When the sun rises or puts on, its rays must cross a greater portion of atmosphere. This means that when they reach our environment they have lost dispersed the short wavelengths, that is, the blue tones. This leaves only the most reddish tones of these moments of the day. From superstition to science. If eclipses have always been surrounded by mystery and superstitions, the ominous red -dyed moon did not go unnoticed by our ancestors. Different cultures have developed various superstitions and beliefs related to this phenomenon. Today we know the cause of the unique phenomenon. Although the blood moon may have lost this mysticism, its spectacularity can still be appreciated. Preamble of a solar eclipse. Solar eclipses always come from a lunar eclipse that occurs about two weeks before or after this. The eclipse of this morning is one of these dual eclipses. And is that March 29 A partial solar eclipse will be produced that will be visible in part of the northern hemisphere, including Spain. In Xataka | Prepare for the first total lunar eclipse of the year: the main astronomical events of March 2025 and where they will see Image | NASA Scientific Visualization Studio

The Belgian police stop Huawei representatives for alleged corruption in the Eurocamara. The EU investigates the Chinese plot

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The Belgian police have made records at the European headquarters of Huawei in Brussels and has arrested several of its lobists for alleged corruption of Eurodiputados, as progress Reuters. What happened? The Belgian Prosecutor’s Office has deployed a hundred agents in almost two dozen places in Belgium and Portugal as part of an investigation for alleged bribery, falsification of documents and money laundering. The researchers have seized two offices in the European Parliament belonging to supposedly involved parliamentary assistants. Why is it important. This case threatens to become a second ‘Qatargate‘, the scandal that shook the Eurocamara in 2022 when several legislators were accused of receiving bribes from Qatar and Morocco. New research can seriously damage the credibility of European institutions, already weakened after that episode. Between bambalins. According to Belgian media, the plot of bribes would have operated “regularly and very discreetly from 2021 to the present, under the appearance of lobby Commercial. “The researchers They suspect that about fifteen Eurodiputados – actual and ancient – could be involved. In detail. Corrupt practices, according to Politicalthey would have included: Remuneration for adopting favorable political positions to Huawei. Excessive gifts, such as meals and travel expenses. Recurring invitations to football matches. The context. Huawei, which once was a power of lobby In Europe, he has suffered blows in recent years due to the security risks associated with his links with the Chinese government. The European Commission He has repeatedly warned that the company represents “materially higher risks than other 5G suppliers”. The European Parliament has confirmed that it will cooperate “quickly” with the Belgian authorities in the investigation. Meanwhile, Victor Negrescu, vice president of Parliament for transparency and anti -corruption, has described the accusations as “deeply worrisome.” The answer. A spokesman for Huawei has limited himself to declare that the company is “investigating” what happened and that “it is committed to compliance with all the applicable laws and regulations of the countries and regions in which it operates.” The Eurodiputados involved could see the lifting of their parliamentary immunity if the investigation progresses, a process that requires the authorization of the president of the Eurocamara, Roberta Metsola. From Xataka We have contacted Huawei to obtain their statements in this regard, we will incorporate them into this article as soon as we obtain them. In Xataka | I have tried Huawei’s triple folding: I am not sure for what, but I want one Outstanding image | Guillaume Périgois in Unspash

We have convinced ourselves all these years that OLED was the most. Sony Sony with LED RGBs promise to change everything

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Although OLED technology has advanced considerably in the Smart TVS industry, with technologies as impressive as the latest generation of panels QD-OED of Samsung or the Primary RGB OLED of LG in its new line of televisions, there are manufacturers that are betting even more for the Miniladsince it offers benefits that, in combination with the innovation that is yet to come, could put in a good squeeze those pure blacks and colors of the OLED. Sony is one of those manufacturers. And it already made it very clear to us in 2024 with its commitment to Minned technology with its Bravia 9being the type of panel chosen for its most premium televisions range after that excellent A95L of 2023. Recently, we have seen that this movement still makes more sense, since they have just presented The new technology in which they will bet in 2026: RGB LED. This is how a minied panel could behave like an oled The company has just revealed that they are working to integrate this new type of technology into their future televisions. His intention is to incorporate An RGB LED matrix to backlit the panels of its televisions (Currently, the LEDs of the retroiluminated matrix are all blue). This, unlike the most leading minied panel panel system, means that, in addition to brightness control through local attenuation zones, it could also be reached control one’s color and luminosity of LEDs of the unit that backs the panel. Conventional LED backlight system by zones. Image: Sony This would translate into a better management and control of the brightness and color of each scene, which in broad strokes could Simulate the behavior of organic and self -emissive LEDs of the OLED, but with the advantage of the greatest brightness of the Minned panels. The system allows Sony to adjust the luminance in line to the gradation of the color itself The RGB retroiluminated panel (Red, Green, Blue) would offer high density backight with the ability to Individually control the three primary colorsas indicated from Sony. The company ensures that the panel allows each RGB color to emit light independently, promising great purity in color and the possibility of reproducing a range of broader and brighter colors. It is not the first time that Sony embarks on this technology. In fact, in 2004 he showed the first LCD TV in the world with Full Array LED RGB backlit. From that moment, the company has been following this system very closely, and now that current technology allows great brightness control through local attenuation zones, it was time to boost this technology again. RGB LED system, eliminating the quantum points layer and offering control of the color and brightness of each LED in the backlit matrix. Image: Sony Sony promises a coverage of the 99% DCI-P3 color space and approximately 90% in the ITU-R BT.2020 standard. Combining independent RGB LED control with the control of the attenuation zones of its televisions, Sony promises Scenes with much more contrast and colorin combination with the already excellent brightness offered by their panels, touching the 4,000 peak nits. Color volume of each technology. Image: Sony The system allows Sony to adjust the luminance in line to the gradation of the color itself. In this way, the company promises reach much more living and bright details. In addition, the system would process the signal at high speed, with rates of up to 96 bits. That LEDs allow us to reproduce primary colors means that The panel would not need aggressive color filters in pixels such as quantum points panels. This causes less light to be absorbed during the process, which allows the panel to work more efficiently. Sony will start producing them this year, but it is not the only Sony is collaborating with Mediatek for the development of chips that will be in charge of controlling each of the individual backlit leds. According to the company, The system will begin to produce in series this yearwith the aim of integrating technology into consumer televisions and screens for content creation in 2026. The company has not been the first to announce the arrival of this technology on its televisions. In fact, signatures like Samsung, Hisense and TCl have already been encouragedwith a view to seeing the first in the market to include this technology during the second half of 2025. For Sony, entering this technology makes a lot of sense in its strategy, as the company went from considering its QD-Osed model as its most premium range to the Bravia 9 with Minned technology and its performance very close to its reference monitor. The company, with its motto ‘Cinema Is Coming Home’, aims to give priority to color reproduction as masterful in recording studios, bringing that experience home. And the combination of its already excellent Minned technology, management of local attenuation zones, and now its backlit matrix with RGB LEDs, allows you to easily facilitate that task. Cover image | Sony In Xataka | Best televisions in quality price. Which to buy and seven recommended 4K 4K

‘Mufasa’ has been the surprise success of the year for Disney. And all thanks to not immediately take it to Disney+

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The First impressions about the ‘Mufasa box office: the lion king’the prequel to the success of 2019, they were not too flattering: it seemed a puncture that confirmed, after the stumbling blocks of ‘Dumbo’ and ‘Pinocchio’, that the remakes in real image of Disney classics (although it enters that pack, ‘mufasa’ is rather realistic CGI) had lost their good star. However, it has ended up becoming an indisputable success for the company, and all thanks to a strategy that seemed like the past: persistence in the billboards. An upperbow box office. ‘Mufasa’ had to see them in theaters with A very powerful rival: ‘Sonic 3’which has ended up raising almost 500 million dollars, becoming the second most popular adaptation of a video game in history and the best entry of the franchise, which has the future more than insured. ‘Sonic 3’ (to which more competition was added: ‘Wicked’ and Disney’s own ‘Vaiana 2’) worked like a cannon from the first moment, and although ‘MUFASA’ led the most watched tops, its 35 million dollars in the first weekend left it well below the 200 with which the first installment started. Erta 30% less than what Disney expected. Taking impulse. The alarms lit in Disney: Had they squeezed the franchise while exhausting it? Let’s not forget that the musical of the original film is one of the most popular in history, and the presence of Simba and company in attraction parks is inescapable. However, ‘Mufasa’ would soon take the expected route, closing a very good year for Disney, which came from sweeping the United States with a demolish thanksgiving weekend thanks to ‘Vaiana 2‘, and to beat records with’Upside down 2‘ and ‘Deadpool and Wolverine‘. However, mouth mouth made its effect and spent five weeks at number 1, entering 2025 with 600 million dollars of collection. And all thanks to a strategic decision. Contrary to the expected. That strategic decision was not to release ‘MUFASA’ in Disney+ for Christmas, possibly a decision that had more than one executive in suspense, especially taking into account the lazy start of the film at the box office. But if I had gone to Disney+, I would not have had those five glorious weeks sweeping cinemas. Finally, the film has raised 712.9 million dollars, becoming the seventh highest grossing film of 2024 … and of course, it has ended in Disney+, where it has been since mid -February. After Christmas, perfect storm. After the avalanche of Christmas premieres, Mufasa benefited so much from the premiere of films not addressed to the children’s public (‘Werewolf‘, for example), as of the Violization in Tik Tok songs Composed by Lin-Manuel Miranda. But above, all, of a certain recovery of the confidence in the rooms not as a procedure before the arrival of the films to streamingbut as a space in which the premieres can perform as they did years ago. Let us forget pandemic. We leave behind one of the greatest stigmas in the pandemic: that we would not recover the figures for assistance to cinemas prior to COVID. In Europein 2023 the assistance rose 18% and in the United States, in 2024 the 8,750 million dollars collected are below the more than 11,000 pre-pondemic levels, but It is clear that the industry continues to approach With a firm step. And the confidence of the industry in the rooms with trajectories such as ‘MUFASA’ only reinforce that impression. Header | Disney In Xataka | Disney+ before the abyss: the series of ‘Star Wars’ and Marvel have less spectators than ever, but they are still their main asset

The questions you have sent us (and your answers) about this mobile with an immense battery

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We will answer your doubts about the Honor Magic7 Litea mid -range mobile characterized by having a good screen and camera quality, and an almost inexhaustible battery. We have been testing it several days, and now we bring you a video with all the answers to the questions that you have been sending us about it in Our Instagram profile. Q & A Honor Magic7 Lite With so many smartphone models in the market, we start answering the question about what is its main strong point. Apart from the battery, which we will talk about later, This device shines for its resistance. It has an IP64, although despite that it can be submerged for a few seconds without spoiling. If we fall to the ground, it supports fall of two meters. Its screen is a 6.78 -inch AMOLED with a resolution of 2,700 x 1,224 pixels, and a 4,000 nits peak shine. The panel looks good and with good sharpness, and thanks to its brightness you have no problem using it on sunny days. Then we respond to A Lightning Question Roundspecifying what its processor, its RAM, internal storage with its two versions, its compatibility with NFC, its doublesim, and its prices. The mobile also has artificial intelligence functionsas options to share texts and images from one application to another. It also has parallel spaces, with two separate and independent sessions. There are also smart foldersin which the mobile recommends some apps or others depending on the time that is and the uses or schedules you make of the device. We also talk about their cameraswith a module that we detail your cameras and abilities. We also show you examples of the photographs we have taken with him. And finally, we also tell you about Its surprising 6,600 mah battery. This is well above the average, and offers us a spectacular autonomy of more than two and a half days, with between 12 and 14 hours of active screen. Then we focus on the operating system and many other questions. But the best thing is that you watch the video to see all the answers. This content is a collaboration and sponsorship between Xataka and the brand, but there is no pact on the script or the selection of the issues. The editorial content is prepared entirely by Xataka.

Industry obsession with annual updates

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One year cycles. The manufacturers are obsessed with this. In Xataka we have already stated that, as they are stopping innovating the phones and how their life cycle increases, Maybe it’s time to consider biannual update cycles. It is something applicable to the software in which, year after year, we do not stop seeing how the new version is a tracing of the same With some minor changes. It is curious how Google, one of the precursors of this fever for annual updates, has another philosophy with one of its star products: Chromecast with Google TV. From Android 12 … to Android 14. If you have a chromecast with Google TV, go to the system settings, you have a gift. Android TV par excellence has just been updated to Android 14 in the UTTC version. 241218.004, with a total weight of 809 MB. The key is that Chromecast was not working with Android 13I was doing it with Android 12. And Google has accustomed us to version jumps other than those we usually see on mobile phones. The last time this device received a change of version was In October 2022. And nothing happens. Chromecast with Google TV executes some Android common applications: all those related to multimedia. Nexflix, Amazon Prime Video, HBO, Apple TV … It is also able to run games that we find in mobile phones, already throughout these years it has proven not to be an insecure device. Chromecast receive security patches and their applications are updated quite frequently, proof that it is not strictly necessary to change every version years. The commercial strategy. Although the biannual version updates may sound sweet, the truth is that for manufacturers it makes a lot of sense to continue launching versions every year. The update cycle, in addition to being a way of loyalty to the user with a device that is constantly receiving improvements, is an incentive to generate demand for new devices. Some specific improvements, as in the case of Apple, only apply to the latest models and, with even more capable and updated software than that of the previous versions. This annual update cycle also allows us to make some pressure on the competition, an obsession that ends up marking the rhythm of evolution of the industry. In the case of the Chromecast, the competition is minimal, and Google can afford the license to space the cycle to the extreme. Image | Xataka In Xataka | The eight years of updates are already possible on Android. That will happen is something very different

Europe wants to lead chips research of less than 2 nm. ASML is the cornerstone of your plan

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None of The main semiconductor manufacturers The planet is European. TSMC, the company that leads this industry, is from Taiwan. Samsung and Sk Hynix are South Korean. Intel and Micron Technology are Americans. AND SMIC is China. This panorama invites us to accept that Europe has lost the train of the production of integrated circuits, but, in reality, it is not so. At least not at all. And it is that the old continent has ASMLthe Dutch company that leads the design and manufacture of photolithography equipment that is necessary to produce avant -garde semiconductors. And it also has IMEC, an integrated circuit research center founded in 1984 and housed in Leuven (Belgium). It is the most experienced laboratory in the tuning of new integration technologies that we have in Europe. IMEC and ASML work side by side to go beyond the 2 nm Europe does not have the expertise of the US, China, Japan or South Korea when it comes to the industry that develops in its laboratories. In what remains a global power is in border investigation. If we look beyond the semiconductors and look, for example, in Quantum computerswe will verify that the Max Planck Institute of Quantum Optics housed in Garching (Germany) and the Quantum Computing Center of Delft (Netherlands) are two leading institutions in the research in quantum computing. Europe seeks to develop the necessary integration technologies to produce semiconductors beyond the 2 Nm barrier IMEC has that same prestige, but in the field of innovation in integrated circuits. This is the reason why in May 2024 The European Union decided deliver a subsidy 2.5 billion euros To put a pilot line that will allow the manufacture of avant -garde semiconductors. This subsidy will be part of the ‘Chips Act’ program and has a very specific purpose: to develop integration technologies that are necessary to produce semiconductors Beyond the 2 Nm barrier. This is, in short, the European plan. And it is that IMEC intends to put its technology in the hands of European companies that are dedicated to automotive, telecommunications or the manufacture of medical devices, among other sectors. Diversification can play in your favor because it will contribute to developing the European technological ecosystem on a large scale. However, this research center is not addressing this project alone; He is working side by side with ASML. In fact, this company of the Netherlands has a crucial role in this plan. And he has it because he will deliver to IMEC the photolithography teams that his researchers need to bring to fruition the production of integrated circuits of less than 2 nm. ASML will install in this laboratory even your machine extreme ultraviolet (UVE) and haute openingwhich is the most advanced semiconductor production team it currently has. In fact, the technology of this machine is the only one that is capable of take us beyond the 2 nm. One more note to conclude: the collaboration of IMEC and ASML also seeks to develop integration technologies for DRAM chips, the Fotonic silicon and advanced packaging techniques of integrated circuits. Image | IMEC More information | IMEC In Xataka | China prepares the mate to the US: it will have its own UVE lithography team to make chips in 2025

It is one of the best and is thrown in price

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We are more than accustomed to spending a good part of our day to day on the Internet. It doesn’t matter if it is when working or in our free time: it is a window that we are going to absolutely everything. Nothing has to happen to us, but the truth is that The network houses some dangersespecially with regard to sensitive information. It is not uncommon to see important data leaks, such as The one that has suffered El Corte Inglés. Pay in any online establishment or enter our data into a portal can lead to certain risks, especially if we use A public wifi network. The best way to protect us in those cases is with a VPN And Surfshark is one of the best quality-price: Sale for alone 2.19 euros a month. Surfshark Starter Subscription – Monthly * Some price may have changed from the last review More security for our data for just over two euros per month Navigating the Internet with a VPN gives us an extra security that never hurts. There are free options that can serve us at some time of urgency, but the VPNs that are paid give a better, faster and faster service. Among all those available, surfshark is one of the most popular options for two reasons: How good it works and how economic it is. No matter how little per month (just over two euros) we have with us a VPN that we will be able to use both on the PC and on the mobile phone And in as many devices as we want. In this way, we will have more security in our data and passwords, as well as when navigating the Internet in a general way. Another point to highlight from this surfshark VPN is that it does not come alone. For the same price, we also have with us the tool ALTERNATIVE IDwhich allows us to create a series of data to register in some Internet portals without giving ours. As we have explained a little higher, the price of this surfshark Starter pack is now 2.19 euros a month. That implies that 24 months of the service leave for 55.56 euros, a considerable discount if we take into account that outside of promotion would come out for 439 euros. And be careful, because Surfshark gives us additional 3 months. Some of the links of this article are affiliated and can report a benefit to Xataka. In case of non -availability, offers may vary. Image | Surfshark In Xataka | Why it is dangerous to connect to public wifis and what you should do to protect yourself In Xataka | The best solutions to protect your data and your company’s computer equipment

The European Hera probe has just sent us its first photos for the story: we orbit Mars

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Despite how much we have explored Mars, we had few photos of Deimos, the smallest and distant from its two moons. The European Space Agency has just solved it. Launched October 7, 2024ESA’s hera probe goes towards Dimorfo, the first asteroid diverted by humanity. Understand the effects of historical impact that NASA’s Dart probe achieved In 2022 it will be Europe’s contribution to the International Planetary Defense Mission as we detect new potentially dangerous objects in the Solar System. Before getting to Dído, the binary asteroid system of which Dimorfo is part, the Hera probe has flown Mars to gain speed. The gravitational assistance maneuver It happened last night and it was totally successful: Not only because hera shortened his travel time in several months, saving a crucial amount of fuel, but because he took more than a thousand photos. Deimos and the surface of Mars through the Hara Camera (ESA) Moving at 32,400 km/h with respect to Mars, Hera went to just 5000 km from the red planet, taking advantage of its gravity to gain energy. But also to photograph The moon deams only 1000 km A distance, a historical overflow that was possible thanks to the fact that ESA had adjusted the trajectory of the probe to coincide with the satellite. When the images arrived, the agency scientists project them on a large screen at the European Space Operations Center. All present, including Brian May, a astrophysicist in spectroscopy and guitarist of Queen, exploded in shouts and applause. Deimos and the surface of Mars through the infrared thermal chamber (ESA/Jaxa) Affected by the mare coupling, we always look at Mars with the same face, so Hera has photographed his remote sidehis most unknown face. With 12.4 km in diameter, Deimos, a dark moon and covered with dust in potatoes could be a remnant of a great impact on Mars or an asteroid captured by the gravitational attraction of the planet. During your overfruit, Hera used for the first time Three scientific instruments outside the Earth-Luna system: its black and white sensor used for autonomous navigation, its hyperspectral image sensor (which exceeds the limits of the human eye in terms of visible and infrared colors that it is capable of detecting) and its infrared thermal chamber. In addition to the photos, the exercise has served as training for the main mission, but Dimorfo will be a much more complex objective of photographing: the 151 -meter diameter asteroid is Didimo’s moon, which measures 780 meters. The encounter between the probe and the asteroids should occur in December 2026. Two cubesats that travel inside Hera They will approach the asteroids. Image | THAT In Xataka | NASA and ESA have taken a turn in their predictions on the asteroid: the new data almost rule out the impact

Austin has managed to lower the price of housing in full world crisis. One of your keys: build a lot

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It doesn’t matter if it is the US, Europe or Asia. Where there is a tensioning real estate market, with upward prices and families forced to spend more than advisable In your rent or mortgages the question is always the same: how to lower prices or at least moderate them? Is there a formula that allows cutting the ascending spiral of €/m2? In Austin, Texas, they have succeeded. And to a large extent the key has been a clear commitment to the construction of new housing. The full photo, yes, is much more complicated. What do the figures say? That Austin, capital of Texas, the Tenth city With more US population, it has managed to reduce the cost of their home. It arrives with checking some sources to check. According to UNLOCKS MLS, in January the average sale price in Austin’s metropolitan area was 4.7% lower a year ago while the national trend at the close of 2024 was the opposite, with a price increase 6%. Redfin also confirms an interannual decrease 3.1%in the price of the square meter (m2). News Week It has echoed some luxury residences of the city that have strongly reduced their prices. In August He spoke of an average drop of 7.23% in the prices of the new constructions, with some properties reduced to 31.33%. In January he cited a mansion that had reduced its price 50% And in February he cited a similar case with a decrease 30%. Why is it important? In general, experts who analyze the Austin real estate market speak, if not drop in prices, yes at least of “stability”. What is not bad if two factors are taken into account. First, what The latest data From the Federal Financing Agency (FHFA) show the cost of the house has risen on average in the US, with a 4.5% rise between the fourth quarter of 2023 and the same period of 2023. The second key is that the last falls connect with those already registered in recent months. Just a year ago Wall Street Journal (WSJ) He informed That, if compared to the maximum values ​​reached in 2022, prices had fallen in Austin more than 11%. No other US metropolitan area has seen the house more cheaper during those years. As for the rental cost, the newspaper pointed to a 7% drop in just one year, again a record fact on the US urban map. Today it is estimated that they are already lower 22% to those of August 2023. Is there more data? Yes. Months later, at the beginning of autumn, Business Insider He put the thermometer again to the capital of the capital of Texas and found that housing prices had fallen even more clear with respect to 2022 peaks. At that time the Freddie Mac company placed the drop by 14% and Zillow in 18%. It may sound like a catastrophe for the real estate market, but the truth is that, despite these falls, the prices of houses and apartments in Austin were maintained above the levels prior to the pandemic. A year ago Moody´s calculated that were still 35% higher than what would be expected by the local economy and the most recent analyzes of Redfin either NORADA They corroborate that today the M2 in the Texan capital is still more expensive than in 2019. And what is the cause? Better talk about causes, in the plural. If Austin has managed to cut the price escalation of his real estate market and that the houses and apartments are cheaper is thanks to a sum of factors in which the commitment to new promotions is combined, the overconstructionthe increase in mortgage loans and the demographic dynamics of the city. To understand it, it is necessary to go back a few years ago, to A very different scenario in which prices grew at a good pace. What period do we go? To the last decade and the years prior to the pandemic, when the promoters and buyers of Austin faced a very different panorama: an escalation of prices that, according to Some estimatesled to the average cost of an house in the metropolitan area increased by 63% in a decade, from 2010 to 2020. WSJ It goes further And it points to an increase of 60% in just a couple of years, just during the pandemic, far exceeding the increase in income. These percentages are explained above all for one reason: the imbalance between supply (scarce) and demand (high). After the financial crisis of 2008, housing construction had been placed while the Austin area stood out at the national level for the growth of its population: 33% in a matter of a decade. Only between 2020 and 2022 his census office scored A 5.3% rise. The reason for that boom? Among others and dynamics of the pandemic apart, the commitment of companies such as Oracle, Tesla or Elon Musk himself and Your interest For the Texan State. That there were large companies making the bags to move to Austin was no accident. Beyond its environment, it was attractive at the regulatory and tax level. The problem is that this growth further brushed the real estate market, making prices fire. And how did the city answer? Building. A lot. Lot. And fast. Texas It usually presumes From its construction sector and in Austin it took muscle. Animated by demand, upward prices and changes at the regulatory level That they made the promoters easier, the Texan capital saw how its market entered into boil. It arrives with review some data to understand it. Only between 2020 and 2022 plans for tens of thousands of new homes of all kinds. Business Insider Remember that if in 2022 more than 3,000 new properties each month came to the market, the following year the figure already exceeds 5,000. It is estimated that Austin’s housing park gave a stretch of More than 8% In a few years, including both single -family houses and apartment and … Read more

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