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Refugees transported to Astrodome


krazeeboi

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The refugees from the Louisiana Superdome are being transported to the Houston Astrodome in the aftermath of Hurricane Katrina. But the question I have is, what next? Do any of you Houstonians (or others) think that Houston could be left with somewhat of a sizable homeless population for those who really have nowhere to go?

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Not sure what the long term implications of this are, but it's pretty interesting:

The North Texas apartment market has absorbed a whopping 18,000 units since Hurricane Katrina struck the Gulf Coast less than one month ago, according to new statistics from ALN Systems.

The leasing activity has catapulted occupancy more than 3 percent -- from 88.8 percent at the end of August to 92 percent today.

Of those 18,000 units absorbed, 12,000 were in Dallas and 6,000 were in Fort Worth. Texas as a whole absorbed 64,000 apartment units with Houston absorbing 42,000 units, pushing apartment occupancy in the city up 9% since the end of August to 96%.

Dallas Business Journal: Hurricane creates record apartment absorption in Dallas-Fort Worth

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