Source: NCAR

On August 29th Hurricane Katrina brought devastation to the housing markets of New Orleans, Biloxi and the surrounding areas. Now the outlying areas are anticipating a housing boom. [Mobile, Alabama is seeing a scarcity of rentals.](http://www.al.com/business/mobileregister/index.ssf?/base/business/1125825528122680.xml&coll=3)

Housing developers are looking at what type of housing they can build quickly to meet demand.