Anti-displacement advocates seek $2 billion from tech giants to fund housing

“The Development Without Displacement Coalition held its first press conference Wednesday morning at City Hall, announcing its intent to open dialogue with representatives from Apple, Google, Facebook and other major employers who have drawn thousands of highly paid workers to Austin in recent decades. Those high incomes have driven up area home prices by 40 percent in the past five years, causing widespread gentrification in East Austin and other pockets of the city.”


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