Panelists at a monthly Urban Land Institute Austin breakfast discussed recent land use policy changes in Austin to address housing stock and affordability issues, expressing guarded optimism about the potential success of these initiatives.
Josh Lickteig from Endeavor development company highlighted how high interest rates and financial considerations are hindering building projects, affecting developers' willingness to start new projects even in areas with lenient policies for density and compatibility requirements.
#austin-real-estate #land-use-policy #housing-affordability #construction-projects #urban-development
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