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Old Posted May 1, 2014, 4:24 AM
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Join Date: Jun 2010
Location: Cedar Park, TX
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Happy (?) May Day, everyone.

http://www.bizjournals.com/austin/bl...ming-soon.html

Quote:
Austin apartment tally: 19,767 units coming soon and more to follow

Apartment occupancy remains high and rents continue to rise throughout the Austin market but a big question mark lurks in the months ahead, according to the latest quarterly Austin Multifamily Report published by Austin Investor Interests LLC.

Will so much new multifamily construction lead to high vacancy rates and increased competition for rent dollars?
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