Thursday, 21 April 2011

Rising Tuition Fees to Increase Empty Homes

The student housing market could be hit badly by the rise in tuition fees leaving private landlords with empty properties. Insurers LV= conducted a survey which showed that more than half of students will choose a university close to home by 2020 to offset the cost of paying for their education. Student accommodation has been one of the best performing sectors for landlords, with strong levels of demand, full occupancy levels and good prospects for rental growth. However, the survey suggests that the increased fees will mean there will not be enough students to support the market. Experts predict that property values in university towns will fall and rents will also decline. Read more on the lv website.

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