Apple's $1 Billion Bet Imperils a Tech Hub's Rare Bargain Homes

  • Austin is already feeling pain from boom in real estate
  • IPhone maker plans a $1 billion expansion into Texas’s capital
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For Austin singer-songwriter James Steinle, the longing for a place of his own that no one can take away runs right through his music.

“In the box, one final letter, state claims eminent domain,” he sings. “I don’t go to town no more because the town is coming to me.”