Houston’s apartment surplus will come in handy after Harvey


HOUSTON CHRONICLE (August 30, 2017) – Houston has one of the highest apartment vacancy rates in the nation, and that’s a good thing in the wake of Hurricane Harvey.

With 47,000 vacant units spread across the metro area, Houston is in a good position to meet the upcoming demand for apartments by people displaced by the storm. Another 21,000 units are in the process of being built, although some may have been destroyed, according to real estate information firm RealPage.

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