The Business Of Student Housing

Outside developers are rushing into the growing student housing market as colleges and universities look for ways to lower costs.

1 minute read

October 24, 2006, 10:00 AM PDT

By Christian Madera @http://www.twitter.com/cpmadera


"Developer interest is being piqued at a time when a large percentage of the 80 million 'echo boomers' - children born between 1982 and 1995 to baby boomers - are opting to attend college.

And they have different tastes than previous generations, who accepted the dorm's classic Spartan style.

Many 18-year-olds today have never shared a bedroom, barely shared a bathroom and are accustomed to high-quality cable TV and Internet access.

Moreover, the cost of building student housing has risen, leading more universities to look for partnerships with private developers."

Sunday, October 22, 2006 in The Hartford Courant

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