Posted Mar 5, 2012, 4:10 AM
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Registered User
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Join Date: Jun 2009
Location: Between RRock and a hard place
Posts: 4,432
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Migol24, sounds like you "left your heart in Austin" ( borrowing from an old Frank Sinatra tune).
Point on SXSW being not everything that starts bad ends bad. I think the possibility of your scenario is not very likely though I agree that once people visit, some may like it enough to want to move here, or invest here. I don't see a major shift in a cultural sense by this happening. We can probably agree that Austin is still basically the same Austin when its population went from 400K to 800K. A desired byproduct of an influx of wealthy new residents and businesses could be a taller, denser DT with new office, and residential highrises needed to house them. I don't think anyone here would object to that. Besides after a week in Austin, I imagine even hardcore rich and snobby F1 fans will leave with a little humility and barbacue sauce under their fingernails.
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