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<title>Austinist: The New Downtown Austin -- Operation: Density</title>
<link>http://austinist.com/2006/05/30/the_new_downtown_austin_operation_density.php</link>
<description>All comments for The New Downtown Austin -- Operation: Density</description>
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<title>M1EK</title>
<link>http://austinist.com/2006/05/30/the_new_downtown_austin_operation_density.php#comment-227976</link>
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<pubDate>Tue, 30 May 2006 15:25:10 -0600</pubDate>
<description>&lt;p&gt;The real reason downtown remains expensive is that construction has failed to keep pace with latent demand, but at the same time, there&apos;s considerable disincentives financially to living downtown - i.e., property taxes, on which you get screwed and the asshats in Circle C and other sprawlburbs laugh their way to the bank.

Also, there&apos;s a ton of people who want to live near, but not directly in, downtown; but all of the near-downtown neighborhoods are run by irresponsible jackasses who oppose any and all multifamily development until/unless it becomes a fait accompli.

Read my &apos;bad neighbors&apos; crackplog category for background, if you please.&lt;/p&gt;</description>
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