“It’s a curious time for a campus construction boom. Alternatives to a traditional college education are growing every day. Amid the change and uncertainty, real estate developers are rushing to build student housing. Major homebuilding companies like Lennar and Toll Brothers that ramped their businesses up in the single-family housing boom have now shifted their focus to another boom: student housing. While Freddie Mac, a large purchaser of student housing loans, is a bit cautious after purchasing $1.7 billion in loans last year, the private sector is ready to build. Bricks-and-mortar higher education is a bubble searching for a pin. Student housing is going along for the ride.”
http://www.fee.org/the_freeman/detail/the-dorm-boom-higher-educations-fellow-traveler
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