San Antonio Rental Vacancy Trends

[Alexi Schreier]

Hey all, I stumbled on this while doing some research on vacancy rates:

Can anyone who knows the San Antonio market well explain why rental vacancy started rising since 2013? The data only goes up to 2017, but has this trend kept rising through 2019?

This shows vacancy for the entire SA metro area so I'm sure it varies wildly depending on what neighborhood you're in but it would be interesting to know what's causing this global trend.

Source: https://www.deptofnumbers.com/rent/texas/san-anton...

(cool website for looking up various stats related to real estate)