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Tag Archives: Permian Basin Apartment Association

Oil dropped, what about rent?

Jesse Godfrey is one of many Odessans who saw the drop-off in oil and gas activity and wonders when the downturn will begin to show up in his living expenses. Godfrey pays $1,200 a month for his apartment, where similar units have risen to a rate of $1,500. The oil patch equipment inspector has lived in Odessa long enough to ...

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