Bloomberg Originals
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How to Keep Austin Affordable

Posted

March 9, 2023

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The American dream of owning a home is harder than ever. It’s especially out of reach for Austinites. We traveled to Texas to learn more about the housing crisis and any possible solutions."

Cities across the US are grappling with a lack of affordable housing, but few have it worse than Austin, Texas. On top of skyrocketing home values, outdated zoning codes have made it difficult to add additional homes, and more people keep moving there — Tesla Inc. and Samsung Electronics Co. are building factories nearby.

That’s left local legislators and activists trying to figure out how to keep Austin weird, and keep lower and middle-income residents from being pushed out of their neighborhoods.

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How to Keep Austin Affordable · Bloomberg Originals · Sentinel