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The main problem is the sudden influx of money, and all the people driven out (or homeless) by the increased cost of living. Dunno what can be done about that.

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Texas has a homestead law meaning unlike almost anywhere else, you can even keep your house in bankruptcy. There wasn't a lot of previous rental capacity before either. The gentrification is in every way more humane than Seattle or Sf.

The property I bought was developed after someone died. Granted there was no inheritance because it had accrued 1.4m in backtax, but the previous resident got to live out their home despite poverty. That's the case with most new construction within the city.

The homeless travel here because it's more tolerable to be homeless here than many places.

Most of those being pushed out are not homeowners, and Texas in general is not nearly as friendly to homeless/drug addicts/other people down on their luck as California is. Austin is better in that regard than the rest of Texas, but still.

What neighborhood of previously existing rental property do you have in mind? Most of Austin's rental capacity was built in the last 15 years. I find Austin's increase in housing supply to be a much more humane alternative to SF's 'market' having lived both places for many years.

Then we’ll do our best to remain broke too ;)

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