Not the part about Austin’s housing shortage, cost of housing, or the traffic problem. That is all unfortunately very, very real. As is the overload of liberals.
No, the ratios it puts foreward are very much fake.
My grandfather was a mechanical and petroleum engineer with a career that began in the nineteen twenties. He had a little book in his library about how to lie with statistics. The book fascinated me, and I have gone on to read numerous books on the topic across the decades.
One factor (near the beginning in almost all books and articles on the topic) is to use averages rather than the median.
Especially with parameters as widely variable as income.
So, while the general gist of the article may be correct, the degree to which it is or is not correct is skewed by their methodology. I would bet that the median income in Austin is substantially lower than the average, while the median cost of housing might not be as far.
Don’t trust a source that only gives you averages. It is too easy to massage the data.