Texas needs more apartments, study showsTexas needs more apartments, study showshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=169122017-06-20T05:00:00Z2017-06-20T17:00:00Z

​​​​​SAN ANTONIO ​​​– Several Texas metros will need more apartments by 2030 to keep up with demand, according to a new study.​

Dallas-Fort Worth will need an additional 266,296 units; Houston will need 214,176;​​ and San Antonio will need 53,890.

An estimated 28 percent increase in apartment availability ranks San Antonio 11th among the top 50 in terms of percent increase in demand by 2030. The area has an estimated 195,198 apartments.

The study, ​​commissioned by the National Multifamily Housing Council and the National Apartment Ass​​ociation, cited an aging population, international immigration, and declining home purchases as driving the increase in demand.​​

Nationally, 4.6 million new apartments will be needed by 2030 across all price points.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2017/06/19/study-says-san-antonio-needs-more-than-50k-new.html?ana=e_ae_set1&s=article_du&ed=2017-06-19&u=ohSD%2Fe6TGoiGi7VP7oH8XZKfemn&t=1497906506&j=78410791Read more at {Source}

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