Jump to content
House Price Crash Forum
Sign in to follow this  
PricedOutNative

More Milking Of Students

Recommended Posts

Foreign investors pumped £670m into UK student accommodation in one single day.

Yet again it seems the way to make money is to buy accommodation and rent it out... I would have thought that business model has been spent but apparently not.

I'm also surprised that student numbers did not reduce significantly after tuition fees were introduced but I guess the lure of three years of partying on credit which many will never fully pay back is very tempting at 18 years old!

Share this post


Link to post
Share on other sites

Investors are just looking for ways to get the fresh government money earliest. The government is underwriting student levels (with loans, policy etc). By purchasing student accommodation you effectively get the new money at one of the earliest stages.

Share this post


Link to post
Share on other sites

I don't see this as a bad thing.

One, they are building new blocks, aimed at students/short stay.

That is a very good thing - ask anyone with the misfortune to live in an area that becomes studentified.

Two, that's more competition, so accommodation costs will fall. And it screws over Rigsby type, which cannot be a bad thing.

The 'Is Uni worth it?' is another question.

Share this post


Link to post
Share on other sites

Foreign investors pumped £670m into UK student accommodation in one single day.

Yet again it seems the way to make money is to buy accommodation and rent it out... I would have thought that business model has been spent but apparently not.

I'm also surprised that student numbers did not reduce significantly after tuition fees were introduced but I guess the lure of three years of partying on credit which many will never fully pay back is very tempting at 18 years old!

Many students have grown up with debt normalised, ending up with £40k of debt by the time your 22 is OK, it's only money... or rather debt.

Share this post


Link to post
Share on other sites

I don't see this as a bad thing.

One, they are building new blocks, aimed at students/short stay.

That is a very good thing - ask anyone with the misfortune to live in an area that becomes studentified.

Two, that's more competition, so accommodation costs will fall. And it screws over Rigsby type, which cannot be a bad thing.

The 'Is Uni worth it?' is another question.

+1

Its part of the professionalisation of the private rented sector, things being done properly, not hogging or front running existing supply

Share this post


Link to post
Share on other sites

both daughters ran up student debt, the older one in the course of running it up now.

The first one has never earned enough to pay it back. The older one will, but the repayments are tiny compared to the guaranteed job at the end.

Niether needs have any concern about this debt.

Share this post


Link to post
Share on other sites

both daughters ran up student debt, the older one in the course of running it up now.

The first one has never earned enough to pay it back. The older one will, but the repayments are tiny compared to the guaranteed job at the end.

Niether needs have any concern about this debt.

*IF* the loan terms do not change.

I fail to see how HE can continue when so much money has been lent to the Unis/lecturers PLUS the student loan to the student.

I agree, on the current terms the debt is nothing more than an extra tax on people who went to Uni. I have no problem with that.

I do have a problem is that moneys is being pissed way in HE.

There needs to be some comeback on courses and unis that generate tax revenue.

The UK is not in a good place, financially. It cannot piss money away like it is in HE.

Share this post


Link to post
Share on other sites

*IF* the loan terms do not change.

I fail to see how HE can continue when so much money has been lent to the Unis/lecturers PLUS the student loan to the student.

I agree, on the current terms the debt is nothing more than an extra tax on people who went to Uni. I have no problem with that.

I do have a problem is that moneys is being pissed way in HE.

There needs to be some comeback on courses and unis that generate tax revenue.

The UK is not in a good place, financially. It cannot piss money away like it is in HE.

Watching someone's daughter at UNI at the moment.

Moved from Leicester to London.

Now London is the 'greatest City in the world.' Leicester of course is now 'a dump.'

Certainly she is spending a lot morem than if credit were not available, just stick it on the nations credit card.

Can't for the life of me see how living and working in London will be sustainable, after living on credit in the capital for three years beforehand.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   108 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.