Also, the Domain development has somewhat eased the traffic situation by shifting a lot of new businesses slightly closer to the Northern Suburbs. Which is a welcome respite: the traffic situation would have been a LOT worse (if that's possible ;-) ) had the Domain not been developed.
I'm pretty optimistic about Austin's future. It offers an extremely high standard of living on a developers salary. Most suburbs are not too far away. There is a lot of undeveloped land. And the City Government is proactive and responsive to the needs of citizens. I think it can evolve into another Tech hub, maybe rivaling Seattle. For it to rival Bay Area, I think we would need a lot more VC's to set up shop here.
Disclaimer: lived in Austin for 5 years now, loved every year so far.
I'm looking into buying a house but anything that is affordable is out in the suburbs or neighboring cities. And I say that as someone who makes $100k.
Austin does unfortunately have a terrible record when it comes to public transit. The rail system is a joke. Although, I am hoping that future infrastructure projects will focus more on creating a viable train/rail/subway system from suburbs to dt/domain. The density of dt is skyrocketing with recent developments, and I can only hope that it will spur a rethinking of transportation policy.
As for the cost of housing... unfortunately, all the outsiders coming in are flooding the market and driving prices ridiculously high. I don't really see an end to the boom... which is why I too have stayed away from considering purchasing a house for the time being.
If you want better infrastructure, invest in light rail.
http://www.iwillride.org/what-200-people-look-like-driving-c...
I spent ~10 years living in Europe. While there was still a lot of traffic, huge numbers of people took rail. To me, the cities were much more livable than the average NA city.
I would bet most people have to drive in primarily because there manager did it that way when he/she was in the developer role.
Working remotely is friendlier on the environment and saves time commuting. It's also cheaper for the company and more easily scales as head count increases.
I wonder how self-driving cars will impact conurbation size when compared to other advancements like boats, horses, carts, roads, canals, trams, steam-engines, trains, tarmac, subways, combustion-engines, bikes, cars, steel bridges, and mechanized roadway construction?
[1] http://www.best-cities.org/2014/best-performing-cities-repor...