When you speak to those who haven't gone to university about the cost of student halls and housing, I've found that most are gobsmacked by the amount we are charged.
For a small four (three by non-student standards) bedroom S.Coast terrace house in a cruddy area, we're currently paying £1300 P/M. This is before bills and the house is modestly furnished.
I'd be confident that your own situations will generally be similar to this and in some cases worse. Why are student landlords allowed to charge these ridiculous prices and treat genuine problems raised by students so badly?
Is it not time that restrictions were brought in, as we're currently paying enough to pay the morgage on a detached family home...
Student Housing and Landlords Watch
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Last edited by 321zero; 30-03-2013 at 00:16.
- 30-03-2013 00:14
- 30-03-2013 01:48
I found this too...I lived with three housemates last year in a three bedroom (was also classed as four) end terrace. We paid about the same. The rent was actually about 400 less per month for non-students. I debated this with the estate agent who said Landlords are permitted to change the rent based on the kind of tenants who will be living there and because we were classed as "high risk" the price shot up.
I can understand this from a Landlord point of view but I don't think it is necessary. Why didn't he just say..I don't want students living there. But to be honest...I think they do that on purpose. More money for them
- 30-03-2013 17:10
just not going to happen
- 31-03-2013 22:00
Capitalism. They're charging what the market will bear, as four students will have more money available than a couple with kids, so they can get away with it.
Rent control has a long and varied history (if you're more interested than me, then there's a Wikipedia article) but I don't see any interest in rent controls at the minute because
- it's a Conservative government, and conservatives err towards free market economics
- house prices are falling anyway, but house prices in student areas are being propped up by the potential for some very profitable BTL landlording
- moves that depress house prices even further would be politically disastrous
- the student housing market is about to start some fairly major shifts anyway, as a result of falling student numbers, which are the result of fee rises and a falling number of 18 year olds in existance
- 01-04-2013 02:34
I assume it's because you are all paying seperately for your room so it's the essentially the same reason as why it costs more if you were to each buy a tin of beans rather than get the 4-pack between you. It was the same thing when my cousin rented a room in a non-student house share.