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Started by MoominChristmasMadness on Dec 6, 2018 11:22:10 AM
Student rents jump as accommodation goes "upmarket"

https://www.bbc.co.uk/news/business-46459694

The government said it had increased support for students' living costs.

The Accommodation Costs Survey 2018 found that in 2011 the average rental bill took up 58% of the maximum student loan, now it is 73%.

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MoominChristmasMadness - 06 Dec 2018 11:27:38 (#1 of 43)

I'm glad if standards have improved, but what a nice little (as in massive) earner for the property developers. Throw up some student flats, guaranteed income from the Government, via the students, from their student loan.

This is huge business now, multi-million pound schemes making big profits.

But we can't afford free higher education.

SheikYerbouti - 06 Dec 2018 11:33:08 (#2 of 43)

Well it's not guaranteed. Students could choose to study elsewhere, or not at all, if the price is too excessive.

It's only guaranteed in the same way that property investment is always a safe bet in an undersupplied market.

Rendered - 06 Dec 2018 11:34:20 (#3 of 43)

Paying £31 a week for a warm room with a sink to piss in seems like a very long time ago.

carterbrandon - 06 Dec 2018 11:50:24 (#4 of 43)

Hm. The Heath Robinson plumbing in my bedsit meant upstairs' drainage would often come up my plughole. Pissing in the sink would have been a bad idea.

machiavelli - 06 Dec 2018 11:51:26 (#5 of 43)

1988, I paid £22 per week for halls of residence and no more than £35 pw private. Halcyon times.

solomongursky - 06 Dec 2018 11:51:35 (#6 of 43)

The student, who will begin her studies at UCL in September, has been handed the keys to a two-bedroom flat with panoramic views from the bedroom – and even the shower – stretching from the Royal Albert Hall to Wembley Stadium. The 117 sq metre apartment, designed by Conrad and Partners, set her parents back just under £5m.

https://www.theguardian.com/society/2018/jun/08/hi
gh-life-student-becomes-one-of-centre-point-first-residents

Jacob_Richter - 06 Dec 2018 11:55:10 (#7 of 43)

1980 prices.....I can't remember but I think about £13.

hailesaladdie - 06 Dec 2018 12:01:35 (#8 of 43)

£30 a week in the mid-90s for me. The halls weren't terrible - single bed with a wardrobe/sink unit, desk and chair. Shared kitchen (Baby Belling) and bath/shower/loo, coin-op launderette in the next block over. No phone/mobile/internet, of course - the computers were in the college block.

moto748 - 06 Dec 2018 12:13:11 (#9 of 43)

Throw up some student flats, guaranteed income from the Government, via the students, from their student loan.

They are all over, these shiny new developments, in every major city, I imagine. Certainly seen them in Bath, Bristol, and Nottingham, that I know of. But of course education has been thoroughly monetised now.

Talk about the price of everything and the value of nothing!

machiavelli - 06 Dec 2018 12:13:58 (#10 of 43)

There's some student flats in Leeds that are gated. Mind you, the security is probably needed there.

CaptainBlack - 06 Dec 2018 12:14:34 (#11 of 43)

Even in 1986, the £13 I paid for a terraced hovel was cheap.

A couple of years ago, I was working opposite some city centre student flats in Manchester. I looked up what they cost out of curiosity. £230 a week!

Is the fact that it’s all on tick anyway a factor in Da Yoof’s reluctance to rough it nowadays?

cozzer - 06 Dec 2018 12:26:41 (#12 of 43)

panoramic views from the bedroom – and even the shower – stretching from the Royal Albert Hall to Wembley Stadium

That's a big bedroom.

TommyDCMBR8 - 06 Dec 2018 12:49:53 (#13 of 43)

Even in 1986, the £13 I paid for a terraced hovel was cheap.

I lived at home, but a friend rented at a similar price - old Paisley tenement complete with outside loo.

TommyDCMBR8 - 06 Dec 2018 12:54:43 (#14 of 43)

The high end is the biggest growth industry in Huddersfield - several old buildings have been converted with more on the way, much to the disgust of the local gammons.

£1k a month is not unusual.

bossab2 - 06 Dec 2018 13:21:35 (#15 of 43)

£6 / week in the 80s!

However the loo froze solid in the winter ( as did the rest of the water pipes) and we had to haul drinking water from the farm down the road in milk churns.

sqeezy - 06 Dec 2018 13:34:31 (#16 of 43)

*did not

sqeezy - 06 Dec 2018 13:35:24 (#17 of 43)

*Or did, and it gave me the cancer. You uncaring cunts.

bossab2 - 06 Dec 2018 13:39:14 (#18 of 43)

-26.1'c

Modern kids wouldn't half be whining.

Shadrack22 - 06 Dec 2018 13:41:04 (#19 of 43)

This was discussed on Radio 4’s You and Yours at lunchtime. The Director of Unipol said that the greatest demand is for upmarket accommodation with en suite facilities (“They’re always the first to go”).

bossab2 - 06 Dec 2018 13:43:29 (#20 of 43)

A generation being encouraged into debt by capitalism .

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