Quote:
Originally Posted by Young Gun
Rental Rates have finally gotten to point were a developer can see a ROI on an investment and we're starting to see more interest in fixing up old places. Hopefully we never get into a speculative boom, but it is nice that older inventory is getting renovated and used up.
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Very true. DT HBG packs a lot of punch for its smaller size but I can't imagine it will do well if rents get too high, will be an interesting balancing act (unless it really takes off of course but it needs more for that to happen).