Houston Developers and investors
houston Developers and investors are building apartment units and complex buildings at fast speed to fill Houston’s housing shortage and demand for resort-style living.
Garden-style, mid-rise and high-rise apartment buildings are accumulating up across the city, especially in the inner Loop and downtown.
The entire apartment market is growing , and it’s been growing for several years now because of the job growth driven by the oil industry, Bruce McClenny president of Apartment Data Services Inc said that in a real estate meeting last week . a lot of people coming to town, there’s tremendous demand for housing and it will be like that for a few years more.
While the oil & gas industry has created an huge economic engine that’s fueling Houston’s construction industry, there are other reasons behind the city’s growing demand for apartments.
One of the reasons is the Attitudes toward homeownership have changed after the Great Recession.
after the housing market collapse in 2008 people lost their dream to own a house, but now days some Houstonians are rethinking homeownership but still The American Dream is now converted to be more about financial stability People are choosing to rent apartments more and more
all of the written above just pointing on the corporate housing industry that become available now more then ever and together with the whole real estate market is growing faster then ever recorded in Houston texas .