I live near 2 universities. I rent rooms which works out well for me. My room prices are about the same as other older homes in the area.
I don't have granite countertops or stainless steel appliances.
There are many new housing complexes being built, especially near the one large university.
Their ads read like a luxury penthouse apartment! There is a pool (outdoor pool, not great in CT) a big gym, stainless steel appliances, granite counter tops, cookie cutter rooms which go for $1350 for just one room within a 3 bedroom apartment!
Hard to compete with! All the amenities you could ask for.
That's fine if you can afford it! The reviews are terrible! Half finished apartments, noisy, poorly built, poor management....
I think some students want that luxury. If they can afford it, fine, some can't.
It seems that's the way now...a luxury college experience!
Not complaining, just being realistic!
--68.184.xx.xx