Joe
Houston,#2Consumer Suggestion
Sat, March 24, 2007
This problem is widespread in Houston and quality property owners have sold residential multi family complexes. The underlying problem can be identified in one word: KATRINA Now before I'm blasted for being unsympathetic, racist etc., I want to make it clear that the evacuees for the most part are good hardworking people. However, an element was imported from New Orleans and even though this element is a small segment of this influx, they are the root cause of most of the issues affecting apartment rentals. The reason this situation exists is because it can. The government is still subsidizing housing and we are approaching the 2nd aniversary of this disaster. Unfortunatly, you will have similar issues in most of Houston's rental housing market. The severity will depend on location and the OP's location is actually one of the better ones.