Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “ We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said ” Reference: www.al.com
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No Help From Biden Admin or Congress For Striking Coal Miners in Alabama

Alabama coal miners begin their 20th month on strike

They have continued demanding their employer, Warrior Met Coal, restore the pay and benefits that were cut in 2016 as a cost-saving measure to keep the mines from shutting down. Out of the 900 miners who started the strike a year and a half ago, 500 remain, according to United Mine Workers of America.

Reference: www.npr.org

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