Friday, September 13, 2019

New apartments add billions to the D-FW economy while raising the ire of suburban homeowners via Dallas Morning News

Apartments may be the bane of many suburban homeowners.

But the rental housing units are a big contributor to local economies around the country, including the Dallas-Fort Worth area.

Apartment construction, operation, management and so forth adds more than $3.4 trillion a year to the national economy, according to a study by Hoyt Advisory Services for the rental housing industry.

In North Texas, the apartment industry contributed more than $98 billion a year to the economy, the study shows.

Read more...New apartments add billions to the D-FW economy while raising the ire of suburban homeowners via Dallas Morning News

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