Austin's New Land Development Code & It's Economic Impact
Wanted to see what everyone's thoughts were on the new proposed land development code for Austin, TX. How do you think this will impact the local economy... Do you think this will impact housing/rental prices significantly? Will there be an even higher uptick in building/contractor costs due to even more demand? Do you agree or disagree with what they're proposing?
I am new to Austin and I just bought my first house hack over in Riverside. But it is interesting to think about how many more potential units the proposed code would allow and what the lasting impacts might be.
Looking forward to hearing what everyone else thinks as well.