[Electronic-lan] Fwd: Luxury Apartments in College Towns

[Courtney Shipley]

---------- Forwarded message ---------
From: Mark Potts <mark at markpotts.com>
Date: Tue, Aug 13, 2019 at 8:17 PM
Subject: Luxury Apartments in College Towns
To: Dennis Brown <djbrown806 at gmail.com>
Cc: Chris Millspaugh <chris at chrismillspaugh.com>, Courtney Shipley <
shipleyco at gmail.com>, Dale Slusser <dyson627 at outlook.com>, Dennis Domer <
domer at ku.edu>, Ernie Eck <ernieeck at sunflower.com>, Lindsay Crick <
lindsaycrick at gmail.com>, marci francisco <maf at sunflower.com>, matthew
holtkamp <matthewryanholtkamp at gmail.com>, Mike Goans <mikegoans46 at gmail.com>,
Patrick Watkins <patrwatkins at gmail.com>, phil stinson <
phil.stinson at gmail.com>, Sarah Holder <sarahbholder at gmail.com>, Travis
Campbell <travis_126 at hotmail.com>, Verdell Taylor <pastorT77 at aol.com>


It takes a little while to get going, but this story provides a good
overview of the national phenomenon that brought us the HUB proposal:
developers targeting areas near college campuses for upscale student
living. Money quote:

“The dramatic rise in rents also coincides with national developers
starting to eye the areas around public universities as a growth market.
Real estate companies bulldoze aging buildings to put up the kinds of
amenity-rich, luxury apartments that might appeal to upper-middle-class
parents looking for a safe, comfortable place for their student to live.”

https://nam01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Ffeatures%2F2019-08-13%2Fif-the-tuition-doesn-t-get-you-the-cost-of-student-housing-will&data=02%7C01%7Celectronic-lan%40lists.ku.edu%7C2382c797d15c4e60e45a08d7207190b1%7C3c176536afe643f5b96636feabbe3c1a%7C0%7C0%7C637013544442887310&sdata=M9ACWX4u%2FM66Akb1%2FbvZS7EWUvxC95r2eQ0OD8hafGc%3D&reserved=0
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