FOX 7 Focus: How will decreasing minimum lot sizes affect the Austin housing market?

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In this week's FOX 7 Focus, we speak with Austin Board of Realtors president Ashley Jackson about the City Council's recent decision to recommend decreasing the minimum lot size for homes, and how that will affect the Austin housing market.

voting 7 to 2 last week to recommend officials decrease the minimum lot size for homes, from about 5,700 square feet to just 2,500 square feet or less.sat down with Austin Board of Realtors president Ashley Jackson to ask what these changes will mean. So what this would allow are a couple more houses per lot, which would allow varying prices for those houses.

We need a multitude of approaches. And this one is just a very strong step forward in the right direction. You know, since January, we've seen a lot of positive changes coming out of city hall as they seek to navigate Austin towards having more housing supply so that teachers, firefighters, police officers can live near their jobs.In this week's FOX 7 Focus, we take a look at the Zilker Park Vision Plan and the newly-formed group that is trying to keep it from happening.

 

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