Raymond Kirungi’s Post

Did you know that the student housing market is a booming industry with plentiful amounts of data to explore?💡 According to recent studies, the demand for student housing is on the rise, driven by factors such as increasing enrollment rates at universities. 📖 It is more important than ever for properties to maintain a competitive edge, differentiating amongst the various living options given to students. ✔️

There’s been a really interesting piece of research published by London Councils about the predicted drop in demand for school places across London from 2023-24 to 2027-28. Most noticeable will be seven boroughs forecasting a decrease of over 10% for primary school demand which will have a sizeable knock on affect to FE colleges in the following years. It’s not all bad news. There are four areas of growth, but ultimately inner London is going to see a significant decrease in student numbers with families moving away, the impact of Covid-19, Brexit, the increase in the cost of living and the lack of affordable housing. What are your thoughts on how the impact will affect student numbers across the capital?

Investing in student housing is appealing because of the continuous demand from students in university areas. The consistent influx of new students guarantees a stable tenant pool, minimizing vacancy risks even during economic downturns. For further insights, visit our latest blog post at https://lnkd.in/gvBJUbEs #investinginrealestate #RentalProperties #studenthousing #newblogpost #ThursdayThoughts

Listen below as our Managing Director Nick Findlay gives some Key Insights on Rent Releases and the Student housing demand. Leave a comment below 👇and tell us your thoughts.

Here is my tiny contribution to the Accord spam going around at the moment: the 'affordability' of student housing (called for on page 187 of the PDF version) should be pegged to student incomes. For 20 years, student housing has been able to be deemed 'affordable' as long as it was marginally less expensive (like 10-25% less) than the most expensive nearby alternatives, which are often luxury products. This kind of measurement is simply a type of availability bias and it's not the threshold for 'affordability'. Instead, the true test is whether a student can pay for it within a reasonable and informed estimate of their income. By this standard, the amount of affordable student housing supply in our capital cities is extremely small and deeply concerning. As university and government leaders look to create more affordable housing stock, I hope they take the high road and use % of student income as their measure of affordability!

According to Bureau of Economic Analysis data recently crunched by the NAHB’s Eye on Housing, private fixed investment in student dormitories rose 1.2% to a seasonally adjusted annual rate (SAAR) of $3.96 billion in Q4 2023, after increasing 5.5% in Q3 2023. In addition, private fixed investment in dorms was 10.2% higher than a year ago, but still slightly below the pre-pandemic level. #nationalreia #realestate #realestateinvesting #housing #studenthousing https://lnkd.in/gWAr9jHa

The MLP Student Housing Report has been published annually for the sixth time now and analyses the developments in the housing market for students in Germany. Here are some key takeaways: - The costs for student housing have increased significantly in 37 out of 38 university cities examined. - A standard student apartment (30 square meters) in Munich now costs over 800 euros in total rent. - Housing availability has declined at 29 out of 38 locations, in some cases by more than 20 percent. Overall, the lack of housing poses a challenge for all students, especially for international students coming to Germany to seek education.

🔗UPDATED Hi everyone, As part of my dissertation exploring the evolving landscape of Build to Rent housing in the UK, I am conducting a survey to gather insights on affordability and accessibility in this sector. Your experience and knowledge are invaluable in shaping a comprehensive understanding of this dynamic market. 🔍 Survey Topic: Build to Rent Housing Affordability and Accessibility in the UK 🎓 Purpose: This survey forms a critical part of my dissertation. The goal is to analyse current trends, challenges, and opportunities within the Build to Rent sector, focusing on how affordable and accessible these housing options are. With an aim of using the BtR as a solution to affordability issues. 👥 Who Can Participate? - Professionals working in the Build to Rent sector - Investors and developers in the Build to Rent market - Policy makers with insights into housing regulations - Academics and researchers in urban development and housing ⏳ Time Commitment: The survey will take 5-10 minutes to complete. 🔗 Survey Link: https://lnkd.in/ewVjtTfw Your participation will provide valuable perspectives that are essential for my research. I deeply appreciate your time and support. Please feel free to share this survey with your networks or anyone who might be interested in participating. #BuildToRent #HousingAffordability #UKHousing #DissertationSurvey #UrbanDevelopment

#studenthousing continues to perform well with a strong pre-leasing season. Enrollment at colleges and universities remains high and students need somewhere to live. Institutions are less inclined to continue to build/own/operate housing and are eager to pass the risk to private developers. A win-win to meet strong demand. #cre #capitalmarkets #constructionindustry #universities #housing #studenthousing #rent

How does student housing investment vary across global markets, and what challenges await developers venturing overseas? Join Alex Katsnelson and a panel of industry peers at the NMHC Student Housing Conference as they explore the opportunities and pitfalls in international student housing development.