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Austin rents are back on the rise, leading US tech hubs

Bruce McClenny, president of ApartmentData.com, attributed Austin’s recent rental market recovery to a combination of factors: job growth powered by companies such as Tesla, Oracle and Samsung; relocations; and an increasingly pricey housing market. “Austin’s home market is probably hotter than ever,” he recently told Austonia. “That has to play into the rental market right now.

Austonia (May 26, 2021) - Read The Full Article

Houston Apartment Rents, Occupancy Up After Sluggish 2020

McClenny said the strongest growth is happening in the suburbs, just as it has throughout the pandemic, as people have seemed to rely less on city entertainment affected by pandemic restrictions, and are more likely to work from home, eliminating considerations about long commutes.

Houston Public Media (May 7, 2021) - Read The Full Article