AUSTIN, Texas (NewsNation) — Amid nationwide inflation and rising costs, Austin, Texas, has managed to lower rents by using a combination of housing construction and expanding the criteria for mixed-use buildings.
According to Pew Research, rents decreased 4% in Austin and its surrounding suburbs from 2021 to 2025.
Part of that can be attributed to the city’s strategy of encouraging affordable housing and offering density bonuses for the construction of taller buildings with more units.
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A growing body of research in recent years shows that stringent local restrictions on what kinds of homes can be built and where, known as zoning regulations, ultimately limit the overall number of homes and thus contribute to higher costs…