Low apartment stock could spell trouble for residents displaced by Hurricane Florence

Low apartment inventories might make relocating residents displaced by Hurricane Florence particularly difficult in small cities in North Carolina. The hurricane pummeled some of North Carolina’s smaller cities, where single-family homes make up much of the rental inventory, the Wall Street Journal reported. For example, Wilmington and Fayetteville each have fewer than 1,500 empty apartment units, according to apartment research firm RealPage Inc. That’s less than half of the vacant units in Charleston, South Carolina. […]

source https://therealdeal.com/2018/09/18/low-apartment-stock-could-spell-trouble-for-residents-displaced-by-hurricane-florence/