I’ve read through the thread and thought about it. I moved here as an 8 year old in 1991 so I have seen most of the changes and I have two answers.
1. The late 90s tech boom because it populated the suburbs. Austin wasn’t really a city where many people lived in the burbs until around that time. At the beginning of that decade, in 1990, around 5,000 people lived in cedar park. Now there are 80,000 there with an additional 130,000 in round rock. It was the first time where the greater Austin area began to stretch across large swaths of land.
2. 2009 The freak out over the 2008 collapse was in the beginning stages of recovery and people started moving to Austin from all over with good paying jobs. They growth was always there but this time it was different. Many were coming from outside of Texas and with a big budget. They wanted to live in the city and didn’t mind paying a ton or living in a high rise condo.This is when the culture of the city changed as much as the skyline.
I never cared much about money growing up because I could do everything that I wanted to with my middle class parents footing the modest bill. Rich or middle class didn’t matter too much because we all hung out at the same places. Hell, half of what I did was completely free. You never knew if the guy next to you wearing jorts and an obscure band shirt was homeless or a millionaire.
Money matters a lot in Austin now. It’s expensive to live in the parts of the city that make Austin cool. Most events and the better restaurants are expensive as well. I still hang out at places like workhorse and draughthouse that have a local vibe and won’t break the bank, but that’s not most people’s version of Austin anymore.
Im not too bitter about the changes because it’s been a constant since I’ve moved here. There was never a time that Austin wasn’t growing. I think the poster that said Austin is in it’s weird pre-teen awkward phase is pretty correct. There is a lot of almost anxiety about what Austin is and what it will become.