Central Austin housing costing a (not so) pretty penny
Apr 3, 2018
CENTRAL AUSTIN – In 2017, just 12 percent of homes built in Austin proper were considered affordable for median-earning households.
Housing is considered affordable when a household spends 30 percent or less of its income on housing costs, including utilities.
Households that spend more are considered cost-burdened.
The median income of $65,100 falls short of being able to afford a home in Central Austin.
Original posting and all articles re-posted by Qualle Investments are copyrighted & credited strictly and solely to the original writers and contributors RECON, Texas A&M Real Estate Center Online News. Original source Community Impact Newspaper.
