Saturday, December 01, 2007

Oh, great, not more investors!

So apparently some "real estate expert" went on the Today Show Friday and talked about how Austin was a market where there was still money to be made. She specifically mentioned SoCo as an up and coming area. Uh, lady, that area already up and came. I think you're about 10, perhaps even 12 years too late on that one. I mean, 12 years ago, yes, there were hookers in front of the Chevron at Riverside and Congress. To a college freshman, this was pretty damn exciting. There was a porno theatre at the tip of South Congress just before Oltorf. But the porno theatre long ago closed to become offices and the prostitutes were long ago pushed further down South Congress to closer to Ben White. They actually seem to be continually migrating south. I guess that's progress, pushing your prostitutes south. Oh, I'm sorry, I did not mean to make that Bad, Bad, BAD double-entendre!

Anyway, thanks to Tim, the Austin Contrarian, and M1EK I have come to see controlled growth as a good thing. More people ARE going to come to Austin, even if we try to institute a "Californian tax", and these guys advocate for smart laws about where to grow to prevent sprawl and to keep Austin housing affordable. Yeah, Austin has definitely had its casualties: Les Amis, Liberty Lunch, John Henry Faulk Theatre, to name just a few, but we've got to accept the fact that change comes and just make it happen as gracefully as possible.

No comments: