How to Keep Austin Affordable

[@blainegabbertgabonemhofgoa6602]

Austin will suffer from the same traffic and affordability as California if it doesn’t change its zoning code.

[@doomtomb3]

If you ask me. It’s already too late

[@dilliam1702]

Build more housing! And tell the NIMBYs to take a hike.

[@schan9547]

The sheer irony that redlining and prejudiced housing regulations came back to bite the the children of the hateful.

[@mooky13]

There are new apartment apartments being built all over north Austin and the suburbs. Is this an issue only in the neighborhoods downtown? I don’t see any problems with apartments complexes being built in the north side of town

[@r3dp1ll]

I suppose it's about affordability

[@noahg4369]

Apartment buildings are illegal to build in most of the city. Over 85% of the city is zoned for single family homes only. Those apartments that are being built are usually expensive. The city no longer has enough space to grow.

[@NoInterleaving]

affording am home in Germany is hard but to make your home warm in winter you have to rob a bank!

[@esgee3829]

minimum lot size, setbacks, minimum parking, height restrictions, foot dragging on transit and very expensive costs per mile for transit even compared with that in other very expensive developed countries. this, and the costs to upkeep infrastructure at the current us density, along with defense spending domestically is where the real american debt crisis will come from. i would bet hard against any american city, including austin, in the long run. make money on americans. don't live there.

[@nunya___]

Those existing homes are on private property and it's called land owner rights. If you want to rebuild an Austin to a new vision, just build the city _YOU_ want next to this one. Problem solved. You guys never suggest tearing down the high rise business district to build housing or a park. Greedy developers are behind this.

[@blainegabbertgabonemhofgoa6602]

Property rights is giving owners the right to do what they want with their land, not forcing anything. If I own a single family lot in Austin and I want to tear it down and build a quadplex, I should be able to.

[@jwfonseca1]

Property rights? If your property is zoned single family, you *cannot* build anything else. So much for property rights...

[@nunya___]

@@jwfonseca1 Sure but would you want someone to put a Turkey farm, Rave club or Parking deck next to your house? Decreasing it's value? The neighborhood should be preserved. Everyone bought land, in this case, "in a neighborhood" and should understand that is it's use.

[@blainegabbertgabonemhofgoa6602]

@@nunya___ IN Japan and other countries, zoning bans uses, for example "no farms, clubs, etx". Here zoning only permits 1 use, for example, "only single-family houses". This is problematic because it leaves doesn't permit corner stores or cafes or anything that adds character to a neighborhood that's worthy of preservation.

[@RasheedKhan-he6xx]

It's been solved in Vienna. Why not learn from them?

[@w2385-i2s]

Kick out the rich from Austin.

[@kennethadler7380]

First

[@briansellshomesonline]

Send California's back

[@user-gk7gs6cf1e]

to america!

[@Nevernotpushing]

With Blackrock buying all the houses in the US, owning a home for gen z gets more and more difficult

[@blainegabbertgabonemhofgoa6602]

Blackrock only owns 1% of houses. They are hardly the problem.

[@TheRustyLM]

Hah! This report is 1 yr too late. Austin has NIMBY zoning, yes. But they’ve overbuilt housing and apartments. Will have a huge crash coming. 😂

[@JJJ_JJ1]

Never. Austin weathered 2008 and it will weather whatever’s happening now/next. Too many investors with deep pockets willing to scoop up and redevelop depressed properties for there to be a crash. Price per square foot will be $1000 in the next 5-10yrs. People thought housing prices exploded on the Eastside when houses were listing for $360k… now you can’t touch the Eastside for less than $800k…

[@doomtomb3]

The crash will never be big enough. I mean even if you cut everything in half, it would help but still people would be priced out. It’s that bad.