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The Business Of Student Housing

Posted by: Christian Peralta Madera

24 October 2006 - 10:00am

Outside developers are rushing into the growing student housing market as colleges and universities look for ways to lower costs.

"Developer interest is being piqued at a time when a large percentage of the 80 million 'echo boomers' - children born between 1982 and 1995 to baby boomers - are opting to attend college.

And they have different tastes than previous generations, who accepted the dorm's classic Spartan style.

Many 18-year-olds today have never shared a bedroom, barely shared a bathroom and are accustomed to high-quality cable TV and Internet access.

Moreover, the cost of building student housing has risen, leading more universities to look for partnerships with private developers."

Full Story: Universities Partnering With Developers For Student Housing
Source: The Hartford Courant, October 22, 2006
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The areas where we have severe blight and indications of more blight to come are basically the same as they ever were. How in the world are we ever going to move our community development selves into an alternative future that thinks differently about the challenges we face in our cities and low-income suburban and rural communities?
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