Houston rent, apartment demand on the rise

May 06, 2013 by

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Memorial by Windsor in Houston, TX.
Source: By Hourick via Wikimedia Commons CC BY 3.0
Memorial by Windsor in Houston, TX. Source: By Hourick via Wikimedia Commons CC BY 3.0

Houston’s booming economy is boosting demand for apartments, pushing up rents and encouraging new construction across the city, the Houston Chronicle reported May 3.

Developers, who lay low during the slowdown, now are building 60 new complexes across the city. Nearly as many are proposed.

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