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Apartment rents projected to rise in delayed reaction to oil downturn
Business
Published in 2-2-2019
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Houston is expected to lead the nation in job creation for a second consecutive year, but the delivery of new apartments has fallen dramatically in the wake of the energy industry downturn. Real estate brokerage firm Marcus & Millichap expects the effects will be felt this year as vacancies fall and rents increase.

Reference: www.chron.com