Student housing in demand
What investment article:
There has been a global boom in investment in student accommodation in the past few years and the UK has been at the forefront.
As Haaris Ahmed, founder at property crowdfunding website UOWN says, there has been strong market demand for student property regardless of the stage of the economic cycle and this provides a good backdrop for investment.
“People are always looking to upskill, especially when the economy is weak, and this feeds into constant demand,” he says. “When you look at full-time undergraduate numbers (the largest group of students who will be renting), you can see very healthy growth. There was a small drop after the introduction of £9,000 tuition fees but numbers have now recovered and there are more full-time undergraduates than before the tuition fee hike.”
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