Figure-1 actually shows that Vacancy INCREASED from the beginning of the Crash to the End as the rising line shows it peaked just at the end of the gray area.After, the line plot went all the way down, showing a decrease of Vacancy, meaning that the amount of available apts decreased.In figure-2 It splits out the Vacancy trends by Class A, B and C.It may seem that Class A properties, like mine, became more Vacant as compared to Class C properties as the Class A plot line rose higher than the Class C.However, you have to understand what went on during that time, especially in places like NYC, Miami, SF, etc. the places that has Yuge amount of Class A multi-family properties.When the Crisis hit, much of the finances for large scale luxury buildings, both rental and Condos completely dried up.These buildings stalled and became stagnant until Credit started to come back years after the Crisis.Also, Luxury Developers like Toll Brothers froze new projects.

Here a plan that was offered to the city to address the situation. https://texashousers.net/2016/02/26/the-opportunit...Here is discussion on this topic in the Chronicle after interviewing experts at Rice U.http://www.houstonchronicle.com/local/gray-matters...This is a particularly hot topic in 3rd Ward, where a grassroots movement is working to manage gentrification in order to revitalize the community without displacing residents. https://urbanedge.blogs.rice.edu/2016/05/25/third-...Independence Heights is getting a Whole Foods.

For <100K (I assume you mean home purchase price only) depending on your goals.. check out 19145, grays ferry, parts of Kensington perhaps.

It's a very informative read and paints a rosy picture for the future.http://www.houstonchronicle.com/local/gray-matters...I might consider moving to either the north or west edge of Third Ward (near the Museum District, Med Center, or Midtown) if a really stunning opportunity presents itself.

The 800 is a pretty big swing though, typically when people are talking about 70k it is for a sub 500 monthly payment swing, so that is the only thing that creates a gray zone for me in your specific example. 

That’s like saying you’re a doctor because you watched Grays Anatomy

In some jurisdictions you can drain the gray-water into a flower bed.

Stay away from grays, they are out of style by about a decade.....

Without being an attorney or speaking with mine in depth, I would imagine that this is a gray area that could be leveraged if done correctly.

Usually go white, gray or espresso color shaker style -- Super affordable @ ~$1700 / apartment including the bathroom sink.I also do granite with a white tile subway back splash(~$2,000) .