Speculative developers looking to cash in on the student housing boom have been warned numbers of halls of residence have reached saturation in some areas.
The writing is on the wall for some big developers as banks pull funding because they consider they are over exposed in the niche.
Birmingham’s Aston University has slammed councillors and developers for planning homes for students that are not needed.
The University claims developers have over estimated demand without considering how rising tuition fees will discourage students taking courses in the city. Continue reading Student Housing Demand Dries Up in Some Areas