Jump to content
House Price Crash Forum
Sign in to follow this  
Mr Blek

Students Can't Pay Rent

Recommended Posts

I'm with Scott C on this:

I hope he doesn't go into financial management :lol::lol::lol:

I also attend Aston University, personally in my opinion if you choose to live in a posh flat, with an en suite bathroom and kitchen in the city centre you should expect to pay a high price. You can't decide to live there and then decide actually it's too expensive, I'm living five minutes walk away from the university and my rent is 41 pounds a week. I'm sure the ten minute travel from Erdington would not add up to the thirty or forty pounds he'd save weekly. I just hope he doesn't go in to finance management!

Scott C, Birmingham

Share this post


Link to post
Share on other sites

Obviously they aren't getting enough mid semester conference bookings. Student halls have always been an expensive joke. Its just that middle class parents liked to know that their little darlings were safe on campus.

The traditional way of running them was a 40 week contract and the rest taken up by academic conferences. If the expectations of those going to academic conferences have changed to the point that anything less than a 4 star hotel is not enough, or if with the poliferation of university facilities the competition has become too fierce the the financial model for running the halls at a mega profit must change.

Everyone in the western world has become far more demanding of luxury levels than they were when these things were set up. Note Bush was entirely unimpressed by Buck Palace (rude ungrateful b'stard!) In the old days, just staying there would have been honour enough. Now heads of state demand central heating. We've all gone soft ;)

Share this post


Link to post
Share on other sites

A lot of this is probably cost-push. There is much more of this private accommodation but there hasn't been, as far as I'm aware, a vast increase in academic conferences. So the owners can't let the rooms out during the holidays, so they redraft student contracts and make them take the rooms for the whole 51 weeks rather than let them go home to their parents for the summer holidays.

Yes, people are used to this sort of standard, but that doesn't mean they demand it; this is what's supplied and it isn't a choice. I'm sure the vast majority of academics at conferences would be perfectly happy with an old-fashioned room as long as there's a decent bar. I should think only the pompous gits doing business and management would demand five-star accommodation in line with their inflated sense of importance (these are the people who educated the Enron-generation of managers, BTW).

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

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.