The rental business for student accommodation

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  • 21/02/2016

    From an article in this week’s Economist:

    • 1:4 students live in purpose built halls of residence
    • in 2006, 82% were owned by universities; the figure is now 59%
    • private halls are 40% more expensive
    • London rent average is £220 per week ( in digs in 1978, in Newcastle,
    • I paid a rent of £1:85 per week, although the building  was subsequently condemned)
    • private halls have increased their rents by 20% since 2012.
    • ‘UCL have put up rents by 56%’ since 2009 (UCL put the figure at 40%)