More Parents Buying Homes For College Students

Parents around the country are buying houses for their college-going children.
December 13, 2003, 5am PST | Abhijeet Chavan | @legalaidtech
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"Parents and brokers say that with home prices rising nationally by 6 percent a year over the last five years, buying in a college town can be a good investment — not to mention that renting out an extra room to another student can help cover the monthly expenses. And in many cases, it's cheaper than shelling out for the dorms..."

Thanks to Bob Karrow

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Published on Friday, December 12, 2003 in The New York Times
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