trevor
Member of DD Central
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Post by trevor on May 29, 2017 9:58:47 GMT
As a father who has had 2 daughters go through uni in the past few years I can tell you that some of the accommodation on offer at high rental cost is of poor quality. I am sure there will be high demand for good quality accommodation even at slightly above average rental cost.
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Post by wonder on May 29, 2017 13:43:50 GMT
I think that a big part of what is happening is that Article 4 Directives are increasingly being used to restrict the ability of would-be landlords to set up traditional student houses (https://en.wikipedia.org/wiki/Article_4_Direction). See, for example, this old document about Leicester, which starts with a useful explanation of the situation nationwide: www.sulets.com/student-housing-article-4-directives/ . Article 4 and related initiatives are also increasing costs and sometimes decreasing profits for landlords of freehold student houses. Restrictions on room sizes, kitchen sizes, number of tenants, etc. all militate for the development of purpose-built student accommodation. |
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Mick
Be nice... People respond.
Posts: 138
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Post by Mick on May 29, 2017 16:09:05 GMT
My son is at University and is burning £20,000.00p Per year in accommodation, University fees, living expenses. He’s on a six year course, you can do the math. He’ll go into a relatively high paying, reliable sector of employment. But the arts’ and other more unreliable, for income courses will soon get short of takers. You can see from a distance, the threshold for repayments not rising with cost of living and it really impacting on incomes. A lot of poor people are debt adverse and ,the days of living in a dump for your Art have faded. I would not invest, that boat has sailed. IMHO.
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