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<br />Ainy apartment hunter with a wife and `
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<br />° ; � �� two . childr�n' ' can tell `you it's tougk� � .
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<br />";: ' to find a pl�ce to live. And any apart- �� . � �
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<br />�;:� . •' ' , m�nt buildez will admit that famili�s - � . : � `' *
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<br />' � ' � � � g potential that is ` }
<br />� �� ��, > represent � a bi � � , . , � �� �. �� �" }
<br />�� � �: steadily �e�ting bigger, ; ��, .� ��
<br />�% , f' . � : � _ �'�
<br />ti' , "There are sevezal factors," says �f t� ry.+� t �
<br />b+wi 1 /` .. . .. . . . . � �. . . � 1 TVV� �f[ti'!,�.Y+�'�''r i Y��. Y'Fa^" > 5Y o .,�Y � r
<br />� r � a '� � �. t i �:.f..� 1 b; z?�hv i'k1"�.'I.�'�v r�',`.t .3'1�sNt �(� '� 1�.?
<br />`p� + Stan Hickman or Hickman, Hoppe, �s '�� �� �
<br />{.�4ry t .., _� , � , . '. . . . .
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<br />. Dallas-based apartment builder. "One � R� ': ' , � �,�
<br />3t t:_ s r..•� F k . . . , , .. .. . . . .. ',, . .
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<br />� „ .' is- ti�ht money; #am�lies that could t � '
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<br />� { �i 4"�"j 1,�i r$ f�;..�� � . �R:!
<br />�, ,� qualify for a mort a e a few e�rs ` ��;
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<br />= a�o can`t today; sa they have ta �. J1 ��� , �
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<br />-, �, �z„� s�tcle for an apartment. And even thase ���, � ,�;,r, �, �; �F ,� �
<br />nr ti i .` ; "� :i � � ')
<br />� � ' � wha could a�'s�rd a house often go ineo s ��
<br />�.. F � '� � �'. �y n•y�� f � Y �' �
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<br />�;� ' �•; � . � � - �A .� . '
<br />; n � . .- .. . , ' . . . � �r $ �� � ' � . :' '. .
<br />`.r� � � a artments anyway because they don't * ��r �_ ' ' ` '�, � � , ,, � ;
<br />P yk{ ; F� � ,��' � , ,
<br />�'E - .. , . I t � F"S: a a«r '� � � . �7 � �t�t . � t '',t ! � . �a �7
<br />Y � 3 � u � want to pay :present interest rates. ° � � � , �M �� 4 ,,
<br />` � < x �'77.. �:aX -:
<br />!I a �/1t � x r i y 'L� '. �. t` �:> �-
<br />F � Anather factar is the recession. A �f*� _� �r �� ��
<br />, '. , �� ; �� a. ;, " a"' �:, ,
<br />, :
<br />n is �fraid to bu a house when he' �`��4� � ` � �"�`' " �� j �� '� �"�j
<br />,i '� t � rna Y ���t , , � - � x . � ,.� �u,
<br />� � i � �`���� � � . �. � �� � �.
<br />`' ch'inks he mi�ht lose his ob an day. ��� _ '� ` �. � � � ..� - ��,� �
<br />_ ) Y � �� a� ,� ry �.��,yy, � y, r �
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<br />� `` Y `� And there's enougl� unemploymenx in ��� � f `��; �- .l.+� :
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<br />.�n . . . F ' �{ {Sr{ ,r '�t4 �,'. r 4 ^F'4�' '
<br />� . . '. �{ .'� p '. 6��� ( � � t i�.,� 6 �i
<br />Z�'�' "' �°° Dallas, to make those' who still have � ° °
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<br />r � : $ = jobs uncertain about the future. , " �,� , , �"" ` � �� � °i
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<br />` � , Finally, says Hickman, there'S � ,,��� � � „a�- �� 4� '� �: ��,�.; -� �' �,� h .��:�
<br />, �j � . � � .� �,
<br />` � o pr term faGtQr. "The generation � �
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<br />� ; �. - ,� t ` �ornin� up is inclined to -s�ernd less x�; �k��� +` �;� , ` ��'a� .. ��� F.,
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<br />�� on housing arid more on �un. rt s a �, �� �^ ���r ,
<br />; � ` � ' � st le—live in an � ' ` � �
<br />�' �' � ,�: �aiffererice �in life y '"
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<br />r 4 � ; �� � �'� = apartment and drive �•Maserati." �, , �� � ��
<br />' ° ' With demand'so strong and supply �� `a � - � ��� a � ����
<br />, i , ���� �
<br />r � � � sa , scarce, apartm�nt builders could � a , ,� , �
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<br />� � � >: � lagically be expected to be jumping �� ��,�� � � .;
<br />� : ��
<br />� ,
<br />�- ' �� in�o the family-apartment market. ��k rk�x; ,� � � � � ,,
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