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Drop in Construction Could Lead to Apartment Shortage
Friday, January 22nd, 2010, 11:20 am

Source: The Dallas Morning News

A dramatic decline in U.S. apartment construction could lead to a shortage of rental housing in the years ahead.

This year, developers are expected to start about 87,000 units – less than a third of what they build on average each year. And the outlook for 2011 isn't much better.



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