From pandemic panic to recession rebound: Austin is discombobulated, not dethroned, as a notable city of the future


Last year the “Future of Cities” scholar, Richard Florida, took to Twitter to share a Bloomberg quick take on the affordability crisis in Texas’ state capitol. “It’s only just begun in Austin…” he remarked, ominously. Since that time, our fair city’s red hot real estate market has so far survived the Ice Bucket Challenge, but the players have emerged disoriented, as interest rates remain stubbornly high. Laborers, emboldened by the covid-19 era focus on “essential” work, are being…

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