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How Austin Became One of the Least Affordable Cities in America

By News

AUSTIN — Over the last few years, in one of the fastest-growing cities in America, change has come at a feverish pace to the capital of Texas, with churches demolished, mobile home parks razed and neighborhood haunts replaced with trendy restaurants and luxury apartment complexes.

The transformation has perhaps been most acutely felt across East Austin and the neighborhood of Montopolis, a 2.5-square-mile patch southeast of downtown, where unobstructed views of the ever-expanding skyline have made the historically Black and Latino neighborhood a sought-after community.

And the momentum is nowhere near abating. These days, construction sites and cranes feel more like permanent fixtures across the neighborhood, where longtime residents have watched with growing anxiety as chic coffee shops, yoga studios and pricey bars have inched closer and closer…

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