By Paul Takahashi, Houston Business Journal

Jay Parsons sees Houston’s multifamily market as a tale of two cities.

Neighborhoods with a lot of energy jobs — like downtown, Inner-610 Loop west and the Energy Corridor — have seen apartment rents decline during the oil slump. Operators are offering up to three months of free rent, and with more supply than demand, it’s a renter’s market.

Continue at the Houston Business Journal