Dallas-Fort Worth area leads the nation in apartment construction

by PegNews wire

Most of the development around Dallas is in Collin County, specifically West Plano, Allen, and McKinney

DALLAS — With more than 20,000 apartments under development in the Dallas-Fort Worth area, we have the highest apartment construction in America, followed by Houston in the #2 slot, Austin #3, Phoenix #4, and Atlanta #5.

Most of the development around Dallas is in Collin County: West Plano, Allen, and McKinney.

But don't get your hopes up; it's supposed to slow down.

Posted by T.G.

Staff
Verified User
Anonymous

Pavel Lishin, says:

But... people have been telling me that I've been throwing my money away by renting!

Verified

1 year, 1 month ago
Link to this comment | Suggest removal

Jason Rice, says:

No Pavel, they've been telling you that you're throwing money away - period. That ashcan beside your snazzy refrigerator box is not the landlord's office drop-box.

And about that planter behind your "entertainment center"...

Verified

1 year, 1 month ago
Link to this comment | Suggest removal

Scott Doyle, says:

I always lol when people tell me I'm throwing my money away by renting, considering a home's property taxes and insurance alone are about what I pay (slight difference is more than made up for in loan interest, maintenance, etc).

Owning your own place is awesome...when you truly own it. Doubt I'd get myself into anything I couldn't payoff within 10-15 years. Clearly I'm of the mind people shouldn't be bailed out of mortgages they got themselves into.

Even if that means getting an apartment instead of your 5 bedroom house you're paying for as a $30,000 millionaire, so be it. http://www.allbusiness.com/government...