Georgetown housing costs push locals from home markets
Georgetown faces affordability strain as a $450000 house costs a lot. Williamson County Realtor Shelia Evans says locals struggle to buy in Georgetown while many residents work outside the city. The 2030 Plan seeks more housing diversity to keep residents in town amid rising rents and prices.
MENTIONED IN THIS ARTICLE
Williamson County
Shelia Evans
Georgetown
Austin
U.S
Jarrell
Pflugerville
Hutto
Ms. Evans
Sofia Nelson
Keith Hutchinson
Hutchinson
Nelson
Housing affordability crisis spans Austin Round Rock metro
Harvard study shows the Austin Round Rock Georgetown area requires an income of 143648 to buy a home with a median price of 466700 and a 3700 monthly payment. Nationwide 3 million more homeowners spend 30 percent or more of income on housing between 2019 and 2022. Nearly 22.5 million renters were cost burdened in late 2022, a record high.
MENTIONED IN THIS ARTICLE
Jarrell
Liberty Hill
Leander
Georgetown
Ms. Evans
Alvin Lankford
Williamson Central
Clare Knapp
Austin Board of Realtors
Real Estate Board
Ms. Knapp
Deja Gerbert
Black Sugar On the
Ms. Mantilla
Fair Haven
Harvard University
Joint Center For Housing Studies
Williamson County
Austin-Round Rock-Georgetown
U.S
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