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Katrina Causes Surge In Demand For Rental Housing In Outlying Areas

Source: NCAR

On August 29th Hurricane Katrina brought devastation to the housing markets of New Orleans, Biloxi and the surrounding areas. Now the outlying areas are anticipating a housing boom. Mobile, Alabama is seeing a scarcity of rentals. [1]

Housing developers are looking at what type of housing they can build quickly to meet demand.