[Electronic-lan] Luxury Apartments in College Towns

[Melinda]

Well, at least Section 8 subsidies come from HUD and not AHAB. Plus, I 
think there's a limit to what a unit can rent for, based on Fair Market 
Rate.

https://nam01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.thebalancesmb.com%2Fhow-much-will-section-8-pay-landlords-2124978&data=02%7C01%7Celectronic-lan%40lists.ku.edu%7C812af6e86e7941444ca108d721398a66%7C3c176536afe643f5b96636feabbe3c1a%7C0%7C0%7C637014403335105152&sdata=cIC13qnYb0a0wYAt6oPivTn9hcbp4eaLxzP9azKy%2B1c%3D&reserved=0

...Melin

On 8/14/2019 5:03 PM, Phil Collison via Electronic-lan wrote:
> I had a discussion with a person at the Housing Authority, and they 
> were getting more inquiries from apartment managers about turning 
> apartments into subsidized housing. So, that is a plus from the 
> apartment glut, but it is not lowering prices, just increasing subsidies.
>
> Phil
>
>> On Aug 14, 2019, at 3:19 PM, Kyle Thompson via Electronic-lan 
>> <electronic-lan at lists.ku.edu <mailto:electronic-lan at lists.ku.edu>> wrote:
>>
>> Literally part of the HERE pitch. Looks like they dropped prices!
>> “HERE is Lawrence's newest and most innovative campus apartment 
>> community. Our premium fully-furnished apartments have modern 
>> aesthetics, stunning bathrooms and kitchens, and state-of-the-art 
>> amenities you won't see anywhere else. Just blocks from the KU 
>> campus, HERE is perfect for students looking for stylish yet 
>> convenient housing. We are the very best in modern luxury -- and we 
>> also take pride in our commitment to providing a secure and safe 
>> environment for all residents.”
>> Thanks,
>> Kyle Thompson
>> kthompson at sunflower.com <mailto:kthompson at sunflower.com>
>> 785-331-5783
>> <image001.png>
>> *From:*Electronic-lan <electronic-lan-bounces at lists.ku.edu 
>> <mailto:electronic-lan-bounces at lists.ku.edu>> on behalf of LAN 
>> <electronic-lan at lists.ku.edu <mailto:electronic-lan at lists.ku.edu>>
>> *Reply-To:*Richard Heckler <rheckler2002 at yahoo.com 
>> <mailto:rheckler2002 at yahoo.com>>, LAN <electronic-lan at lists.ku.edu 
>> <mailto:electronic-lan at lists.ku.edu>>
>> *Date:*Wednesday, August 14, 2019 at 6:05 AM
>> *To:*LAN <electronic-lan at lists.ku.edu 
>> <mailto:electronic-lan at lists.ku.edu>>, Courtney Shipley 
>> <shipleyco at gmail.com <mailto:shipleyco at gmail.com>>
>> *Subject:*Re: [Electronic-lan] Fwd: Luxury Apartments in College Towns
>> How does flooding the market thus creating large numbers of empty 
>> bedrooms impact our local economy? How are these new apartments 
>> necessarily
>> safer?
>> Dickie Heckler
>> On Tuesday, August 13, 2019, 11:40:51 PM CDT, Courtney Shipley via 
>> Electronic-lan <electronic-lan at lists.ku.edu 
>> <mailto:electronic-lan at lists.ku.edu>> wrote:
>>
>> ---------- Forwarded message ---------
>> From:*Mark Potts*<mark at markpotts.com <mailto: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 <mailto:djbrown806 at gmail.com>>
>> Cc: Chris Millspaugh <chris at chrismillspaugh.com 
>> <mailto:chris at chrismillspaugh.com>>, Courtney Shipley 
>> <shipleyco at gmail.com <mailto:shipleyco at gmail.com>>, Dale Slusser 
>> <dyson627 at outlook.com <mailto:dyson627 at outlook.com>>, Dennis Domer 
>> <domer at ku.edu <mailto:domer at ku.edu>>, Ernie Eck 
>> <ernieeck at sunflower.com <mailto:ernieeck at sunflower.com>>, Lindsay 
>> Crick <lindsaycrick at gmail.com <mailto:lindsaycrick at gmail.com>>, marci 
>> francisco <maf at sunflower.com <mailto:maf at sunflower.com>>, matthew 
>> holtkamp <matthewryanholtkamp at gmail.com 
>> <mailto:matthewryanholtkamp at gmail.com>>, Mike Goans 
>> <mikegoans46 at gmail.com <mailto:mikegoans46 at gmail.com>>, Patrick 
>> Watkins <patrwatkins at gmail.com <mailto:patrwatkins at gmail.com>>, phil 
>> stinson <phil.stinson at gmail.com <mailto:phil.stinson at gmail.com>>, 
>> Sarah Holder <sarahbholder at gmail.com 
>> <mailto:sarahbholder at gmail.com>>, Travis Campbell 
>> <travis_126 at hotmail.com <mailto:travis_126 at hotmail.com>>, Verdell 
>> Taylor <pastorT77 at aol.com <mailto: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%7C812af6e86e7941444ca108d721398a66%7C3c176536afe643f5b96636feabbe3c1a%7C0%7C0%7C637014403335105152&sdata=F930lxZJgYBIeziEZ0zChIghMLaI0ViNJjZHJ8TFLtI%3D&reserved=0 
>> <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%7C812af6e86e7941444ca108d721398a66%7C3c176536afe643f5b96636feabbe3c1a%7C0%7C0%7C637014403335105152&sdata=F930lxZJgYBIeziEZ0zChIghMLaI0ViNJjZHJ8TFLtI%3D&reserved=0>
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