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Updated over 4 years ago,

User Stats

60
Posts
12
Votes
Andrew Bissada
  • Investor
  • Austin, TX
12
Votes |
60
Posts

Austin Defunded the Police - Impacts 2020-2022?

Andrew Bissada
  • Investor
  • Austin, TX
Posted

I keep reading news about how in a lot of cities, people are moving further out to lower costs since they can WFH. Furthermore, since Austin just defunded the police, what are everyone's thoughts about how safe it will be to stay within Austin this year, as opposed to moving further out to Cedar Park, Round Rock, Leander, etc? Given the social unrest and upcoming elections, things may get strange later this year. 

(Note: I don't want this to deviate into a purely political post, I am merely trying to see peoples thoughts on whether it is a good idea to buy (AND LIVE) within the city of Austin NOW or wait till next year when things calm down, and whether they predict these situations will be short term or a long period of time). Or are there certain parts of Austin/neighborhoods/zip codes you would avoid? Which parts should likely be fine?

After going through a number of articles, I am seeing the following:

I also see Gov. Abbot apparently disagrees with Mayor Adler on the defunding, and is considering having no more increase in property taxes because of this?  ( https://www.npr.org/sections/live-updates-protests-for-racial-justice/2020/08/19/903872006/texas-governor-floats-plan-to-freeze-tax-hikes-in-cities-that-defund-police ) 

Gov. Abbot is saying this will make Texas cities like Austin less safe.

Mayor Adler says only 21mil has been cut so far, but much more will be "reallocated" (80mil + 49mil). 80 mil to 911 call centers, forensics labs, administrative services, and internal affairs. 49 mil to eliminate "entire police units like patrol and traffic enforcement for other public safety options" 

Of course, politicians always frame things in a way that suits their agenda, so not sure what to interpret from all of it.

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