Sep
29

NMHC: Student Housing Recession-Resistant

By

– Commercial Property Executive

Overall, student housing is recession-resistant because of U.S. demographics, which are producing an increasing number of high school graduates, says Jim Arbury, senior vice president of National Multi Housing Council (NMHC) which recently released a report that seeks to determine whether the dramatic U.S. economic downturn has had an impact on enrollment and on-campus dormitory vacancy rates.

The study also finds that the economy can affect the type of housing students can afford. An oversupply in certain individual markets can also create problems for developers.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.cpexecutive.com/cpn/NMHC-Student-Housing-Recession-Resistant–1563.shtml

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