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[Medical Illustration <druid AT email.unc.edu>]

Don't discount the rapid building we're experiencing.  I can't half drive
through damn durham without running into another apartment construction
site.  There's one two minutes away from me that looks like at least 800
apartments getting ready to open for rent.

If you build when no one's rentin'....

D 

On 4/29/02 2:40 PM, "Michael S Czeiszperger" <czei AT webperformanceinc.com>
wrote:

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> The Triangle Business Journal is reporting that apartment vacancies have 
> hit a
> 15 year high of 13%, compared with a 4% vacancy rate in 1998.  I wonder if
> this indicates that there's been a significant number of people who've 
> simply
> moved out of the area? The other option is a significant number of renters
> purchased houses in the same time period.
> 
> The other thing I've noticed is traffic on I40 seems to be getting better,
> which would indicate the same thing, unless there's been a huge shift toward
> telecommuting.
> 
> - -- 
> Michael Czeiszperger
> Web Performance Inc.
> Raleigh, NC
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