Housing affordability is city's #1 challenge — a threat to Austin as we know it

AUSTIN (Austin Business Journal) — Austin's affordability crisis is reaching a boiling point.Housing stock and affordability concerns have been bubbling just under the surface for several years, but pandemic-induced population growth is putting even more pressure on these critical issues. Growth impacts everything from home prices to clogged streets to suburban sprawl.So what is driving the affordability crisis? Land prices are skyrocketing. Austin's development process can take years to n