Housing shortages affect certain Austinites more than others, according to a new report from the Austin Board of Realtors.
The report, which was released yesterday, found that undersupplied housing in certain City Council districts and among non-white residents. Here are three takeaways from the research, which analyzed affordability for four-person households:
- All minority groups face lower housing affordability than white households in Austin. Black/African American households face the sharpest shortage, followed closely by Hispanic/Latino households.
- City Council District 4 — which stretches from 51st St. to West Braker Lane along I-35 — has the greatest proportional for new housing, with an estimated shortage of ~32,000 homes.
- City Council District 10 — which encompasses much of West Austin, north of the lake — has the lowest proportional need for new housing.
Read the full report, including ABOR’s six recommendations for local policymakers to improve affordability, online here.