In recent years, with rapid population and economic growth, the City of Austin has adopted a number of real estate policies to promote a healthy housing market.

First, the City of Austin established the Housing Trust Fund to provide financial assistance and a tax incentive program to encourage developers to build more affordable housing in areas where low- and moderate-income households live.

This will help alleviate the local housing shortage and help those households with lower incomes to access suitable housing.

Secondly, in 2019 the Austin City Council passed the Tenant's Bill of Rights, which works to protect the human right to rent.

The bill protects tenants' rights by requiring landlords to provide a safe and healthy housing environment during the term of the lease, and by imposing strict limits on late rent and evictions.

In addition, the City of Austin is committed to preserving historic buildings and traditional styles of residential architecture.

In addition to requiring strict historic building regulations for new construction in downtown and other designated areas, a series of financial support programs for the maintenance and preservation of historic buildings have been established.

In addition, the City of Austin has taken a number of measures to address climate change and environmental issues.

For example, for new construction and redevelopment areas, the city has enhanced requirements for green roofs and rainwater harvesting facilities, and offers a tax incentive program to encourage homeowners to reduce energy consumption by installing features such as solar panels, energy efficient light fixtures and water saving appliances.

Finally, the City of Austin has also committed to improving the transportation system and phasing in a new city plan to make better use of public space and promote community interaction.

These initiatives will help increase the sustainability and stability of the real estate market and provide a solid foundation for the future growth of the City of Austin.

In summary, a number of policies adopted by the City of Austin in the areas of protecting low-income households, strengthening renters' rights, preserving historic heritage and responding to environmental change are designed to promote the sustainability of the local real estate market.

These measures aim to achieve sustainability, improve the quality of local housing and provide a fairer and healthier housing environment for all.