Developing Story: Community Convergences
The problematic context, of course, is gentrification and diminishing housing affordability in East Austin. While investment in a disinvested community is in theory a good thing, on the Eastside it's happening so fast that longtime residents are being displaced. As one speaker put it: "The tidal wave of market forces is rising too quickly, with little or no time to adjust. The dam has broken, and the water is coming over." In the 78702 ZIP code, for example (bounded by I-35 and Airport Boulevard, between the river and Martin Luther King Boulevard), the median sale price of a home in 2000 was $77,000. It since has shot up more than 250% to $195,000 (with a 150% increase just since 2005), with property taxes to match.Gregor's bracing civil goodwill has done little to solve East Austin's problems, and though civility is all fine and dandy, especially when it complements the crisp autumn air and slow-falling leaves, manners don't cost a thing, but life in East Austin is growing farther and farther from that.
Pitty also, that there's not more coverage from the city of Austin's "alternative" publication, because as we well learn, issues require exhausting press coverage for policy change to occur.
No comments:
Post a Comment