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Austin Rental Market Hints at Stabilizing

Austin Rental Market Hints at Stabilizing

After several years of growth in rent, there are signs that Austin’s rental market is seeing a leveling off, Bisnow reports.   Austin did not make Abodo’s list of the the biggest increases in rent.  New Orleans and Corpus Christi topped that list. Austin’s increase in...
Austin Mayor’s Plan to Help Homeless Downtown

Austin Mayor’s Plan to Help Homeless Downtown

Austin’s mayor, Steve Adler, has a plan to fix homelessness downtown, the Austin Business Journal reports.   The plan starts with increasing the hotel tax by 2 percentage points to 17%, which is the maximum amount allowed in Texas, and then using that extra income to...
Post Rent Wages Shrink

Post Rent Wages Shrink

The Austin Business Journal reports on a new study that finds that when rent is factored in, wages are down in Austin. From 2005 to 2015, post-rent wages were down .5 percent in Austin. Just over half of Austinites rent and median rent is $1,045.  Median income for...
Austin Groups Tell Council: Don’t Delay CodeNEXT

Austin Groups Tell Council: Don’t Delay CodeNEXT

Local groups are urging the Austin City Council not to delay the CodeNEXT process, the Austin Business Journal reports. A group of Austin City Council members, Kathie Tovo of District 9, Alison Alter of District 10, Leslie Pool of District 7 and Ora Houston of...
Most Expensive Places to Rent in Austin

Most Expensive Places to Rent in Austin

Wondering what parts of Austin are the most expensive to rent an apartment and which are the most affordable?  Curbed Austin has the lowdown. Downtown Austin has the top rent at a median of $1,990 for a one-bedroom per month, East Cesar Chavez is $1,650 and Holly is...