When I went to college a bunch of years ago, one headed to the cheapest apartment complex after the mandated high cost stay at University housing during Freshman an Sophomore years. Why students would head to these multi million dollar complexes has me baffled..
Back during the real estate bubble of the 2000s, I heard of some parents who would buy real estate (houses, condos) for their kids to stay in while going to school. Their plan was to ride the appreciation up for the 4 years, then sell afterwards.
I often wondered how many got caught in the downdraft.
“Why students would head to these multi million dollar complexes has me baffled..”
Perhaps they are the “Public Private Partnerships” that are the rage- To the detriment of no one except the poor kids that are going into debt for the rest of their lives in exchange for a degree.