preview

Student Housing Market: Why Do Students Move Off Campus?

Satisfactory Essays
Open Document

With the occupancy rates of student housing continuously increasing in recent years, we are positive that the student housing market has a huge potential. But what exactly drives students to move off campus? The reason is they want a premium housing with technology built in which school’s dorm cannot provide. According to a survey conducted by Apartment Guide, students are willing to pay for a higher cost off-campus housing rather than stay in dorm, even if all other factors were equal. The left chart in my first slide illustrates that among more than 90% students surveyed, they inclined to pay more for high-end off-campus apartment. A majority of students think $100 to $150 price difference per month is acceptable. Only 6 percent of students

Get Access