Musicians are a useful proxy for the unmet housing needs in Austin neighborhoods.
Much is being built right now at Domain NORTHSIDE and next door at Broadmoor, but the oldest part of the Domain, built in the mid-2000s, may want to become something else
In the city, there's a rental vacancy rate of between 5% and 6%, and for owned homes it's less than 2%. Those figures have remained relatively stable even as the population has boomed and housing costs have skyrocketed. The Census Bureau already reports that Austin has more households than it has occupied housing units, so some people are doubling up. Others have simply been priced out of town.
Austin as a city still works for musicians, kinda, because of the scale and network effects that come with being a big city with a distinct industry ecosystem and a worldwide brand. But Austin's neighborhoods don't work for musicians anymore, especially the ones where the music scene took root and blossomed, unless those players are unusually successful or have lived there 40 years. Those folks can NIMBY just like everyone else, but they're also aging in place.
But if you could just write into a new code the basics of how to make functional, resilient, urban mixed-use neighborhoods – which is not that hard, it's not like we're building underwater – then, I believe, you will see fewer musicians abandoning their playing careers in Austin because of the housing shortage. Can we get nine Council votes for that?
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