Forbes released a good article on Bed Bugs

By November 9, 2011Uncategorized

Forbes talks about how Halloween is now over with but how bed bugs are still a creepy reality. Here is some of the article”

The ghouls and goblins have all gone home, counted their bounty and returned to the relative normalcy of daily life. While the fantasy and fright of Halloween is behind us, some sobering  – and alarming – realities remain.  In light of this, we are kicking off a series of articles on Seriously Scary Housing Trends that impact the housing and rental markets.

Our first scary trend really has our skin crawling. We go to a lot of apartment conferences, read apartment industry publications and talk to a lot of apartment owners. While vacancy rates, occupancy rates, capital market and economic trends have always been hot topics of conversation, over the last year or two, there has been a new buzz in the biz that is keeping us up at night: Bedbugs.

More and more we see the topic of bedbugs popping up on conference agendas, and the National Apartment Association – one of the largest apartment associations in the United States- even has a Bedbug Resource Center on its website. Although the bedbug population in the U.S. dropped dramatically in the mid-20th century, the U.S. Centers for Disease Control and Prevention (CDC) and the U.S. Environmental Protection Agency (EPA) last year issued a joint statement on Bed Bug Control in the United States stating that the United States is now experiencing “an alarming resurgence in the population of bed bugs.”

To make matters worse, those pesky critters have developed a resistance to many pesticides, so chemical approaches to eradicating the problem could actually make these unwanted houseguests  long-term tenants.

 

To read the whole article click below.

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