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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

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

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Join the Observer community and help support independent local journalism in Dallas.


Join the Observer community and help support independent local journalism in Dallas.