Do you agree that increasing housing supply is only one side of the supply-demand equation for beating back Austin’s affordability crisis, and that Austin should refrain from subsidizing growth during times of rapid growth so as to reduce demand growth to levels that can be met with new supply? If so, in the Candidate Response section below, please tell us your ideas for ways to make Austin’s growth pay for itself. (Hint: You can refer to any of the materials parked on this page from the years of work conducted by local developers, Brian Rodgers and Ed Wendler, Jr., especially the power point at the bottom of the page Total Accounting and Impact Fees.) Rate your support on a scale of 1 to 10, 10 being the most support and 1 being the least.

Natasha Harper-Madison

City Council, District 1

Increasing the supply on the market is one of the critical ways we can begin to address affordability. For several years now, Austin has had a less than 6 month supply of inventory, which according to Texas A&M Real Estate Center, is considered a healthy market. I believe however if we are to address the affordability crisis it’s going to be a combination of improving the development process to get products to market faster, diversifying the type of products along our corridors and major job centers, and working with non-profits to build  housing with deeper levels of affordability that must be subsidized.