A student bubble is coming!
MHN 11-1-2018 – Student Housing Costs Compared – How affordable is purpose-built off-campus housing? – [All this data means nothing if there is a student bubble coming – think about it on a granular level… it makes no sense of a family that makes 90K a year to send their kid to a public college that costs $40K+ a year to get some random degree]
MFE 2-6-19 – 2018’s Record Deal Volume Suggests Positive Trajectory for 2019 – “driven in large part by increased interest in the student housing sector, which accounted for 17% of all deal activity in the third quarter, compared with a consistent 4% over the past 13 years” – [I don’t like student housing as I am seeing an education bubble with all the lending. It’s crazy how dorms get renovated every few years]
4Q 2018 Report NKF – 19.02.20