Austin did a great job with opening supply.

https://www.reddit.com/r/yimby/comments/1cxbnq3/yimby_has_ba...

https://therealdeal.com/texas/austin/2024/05/20/austin-forge...

I went to school in Austin back in 2009 and surprisingly, rents for my same college apartment only grew a few % a year since then! Crazy