Thursday, August 31, 2017

How Hurricane Harvey Will Affect Texas Apartments, Hotels And Labor via Bisnow

It has been one week since Hurricane Harvey first hit Texas (and mere days since it left), so it is hard to say with any certainty how the Texas economy will respond over the next six months to a year. What we can do is look at the past, and that tells us DFW may see some spillover activity, but also some spillover pain.

“What we have seen in other markets after a big natural disaster is … you do get a bump in apartment leasing,” RealPage Chief Economist Greg Willet said.

Read more...How Hurricane Harvey Will Affect Texas Apartments, Hotels And Labor - Economy

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