Quote:
Originally Posted by IluvATX
I used to live in the treed area on the bottom left. My mom grew up in that same area. It is called Travis Heights. It used to be pretty middle class and suburban, but now has gentrified to the point to where when I move back, it’ll be hard to afford this area. I think the lots now are starting at about $500 k with a hundred year old run down house. They are now demoing those houses to build million dollar houses, thus gentrification.
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This is also a direct result of development under a 35 year old land use code. We're trying to update it to allow for more/smaller housing but NIMBYs... To protect single family zoning from change directly next to a thriving downtown makes as much sense as a bag of hair. Such zoning in the urban core now averages over $500k and is climbing fast. New construction is often $1,000,000+. Knock on wood we allow for responsible land use starting sometime in 2020.