According to the Austin Business Journal, "apartment occupancy rates jumped notably in 2010, prompting decreased supply and higher prices, according to a recent report."As demand continues to outstrip supply this year, the City is predicted to become the country's second best industry performer --- in terms of rent growth -- after San Jose, California.According to the study by MPF Research, Austin "occupancy is expected to rise another 2.2 percentage points this year with a concurrent 6.8 percent increase in rental rates. Only San Jose, with 10.2 percent revenue growth, is expected to outperform Austin's net . . .
