this post was submitted on 26 Feb 2024
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Committee hears about need for more rental assistance money - Austin Monitor (www.austinmonitor.com)
submitted 8 months ago by robolemmy@lemmy.world to c/austin@lemmy.world
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[–] cshlan@dawdling.net 1 points 8 months ago (1 children)

@helenslunch
All the less than 7500 people getting rent assistance in a market with how many apartments? That's a miniscule part of the market.

Rents increase because more people are moving here (it's gone from about 100k to nearly a million in the 30 years I've been here without much new building until the last few years) and Austin already had a tight apartment market in the 90s.
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