Hey now, I bitch about those thing too. (we live outside the Liberal enclave in Williamson county)
Actually, a Liberal is the reason for those condos and the high cost of living. Wynn wanted 25,000 additional souls living downtown.
One good thing about the high real estate prices in Austin is that they are pushing people out of East Austin and into P-Ville and Round Rock. With that crime in Austin has decreased or been level while the same cannot be said for our northern suburbs.