Posted on: May 8th, 2008
Filed Under: [ Community ] [ Politics ] [ Eye Openers ] [ Texas ] [ Austin ]
When he considers the myriad challenges facing Austin Latinos, Paul Saldaña needs only to gaze out the window of his small consulting business, not far from the old East Austin neighborhood where he was born and raised.
Around East Sixth and Robert T. Martinez Jr. streets, the average income for a family of four is $17,000 to $21,000 a year, Saldaña says. Yet, within two blocks of his office, he notes, condos are on the market starting at about $300,000 for 800 square feet of living space.
His point: Development and gentrification are driving up property taxes and driving out longtime Latino residents and businesses.”*
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