Raze High the Roof Beams, Carpenters
Every day, seems like, another apartment complex goes missing just like that; one minute it's there, and the next there's only a pile of rubble and a mound of dirt. Turns out, it's not just perception: GlobeSt.com this morning tallies the number of old apartments coming down and new units going up and figures the so-called Greater Dallas area added a whopping 487 units to the mix in '07.
Which, you're right, ain't a lot, says the VP of Carrollton-based M/PF YieldStar: "I don't think people have grasped that we're not growing inventory at all in Dallas," Greg Willett tells the real estate Web site. He also points out that's the smallest gain since 1990 -- only then, the culprit was the savings-and-loan scandal, while today, Dallas' new-unit inventory is shrinking due to the "scrape-and-rebuild fever" that's leveling older complexes. --Robert Wilonsky
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Observer's biggest stories.
- Bring It On: Dallas City Council Votes to Ban Exxxotica Porn Convention
Sat., Feb. 13, 7:00pm
Sat., Feb. 13, 9:00pm
University of North Texas Mean Green Mens Basketball vs. Florida International University Golden PanthersThu., Feb. 18, 7:00pm
Fri., Feb. 19, 7:00pm
- Ray Hunt's Fighting Against Porn. His Dad Fought Against Monogamy, Kennedy and Catholics.
- Ross Perot’s Former Campaign Manager’s Advice to Presidential Candidate Bloomberg