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Apartment rents rising in Harvey’s wake

HOUSTON CHRONICLE (October 6, 2017) – Apartment seekers suddenly are facing higher rents as occupancy tightens across Houston and the damage estimate for flooded units reaches into the tens of thousands.

Complexes that stayed dry in heavily flooded areas like west Houston, Kingwood and Spring have been slammed with new tenants. Landlords there are finding their apartments are worth much more than they were before Hurricane Harvey, when there was a glut of empty units and flagging demand.

Read more here.

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