Austin-area city, workforce and financial leaders gathered at Austin PBS on May 17 to review the outlook for the affordability challenge that continues to confront the region amid years of growth and spiking housing costs.
What happened
Amplify Credit Union’s first Central Texas Affordability Summit at the Highland media center featured Austin Mayor Kirk Watson and several community leaders for panel discussions about the area’s rising cost of living; its effect on the local workforce; and how businesses, governments and other entities can address the issue.
“There is a fundamental disconnect between median household income and median home price,” Amplify CEO Kendall Garrison said. “And that’s the thing that really makes Austin unaffordable for so many people that aren’t high-income earners. You just can’t afford to live in Austin anymore or even in Travis County.”














