Personally, I would think rents will continue to increase until 2 to 3 years after the IR's are built. But, obviously, you would have to look at a number of other factors as well. Do you think the economy will continue to gain as it's done for the last couple of quarters? The IR's will mainly drive the more desirable locations and not as much the outlying areas. These areas are more economy driven.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers