Recession boost for student towns
The recession has had a big impact on the property market, but one sector appears to be benefiting from the downturn. Demand for student digs is rising due to an increase in the number of A-level students going on to further education and new graduates snubbing the jobs market in favour of a higher degree.
“Undergraduate [course] applications rose 9% in the 2008/09 academic year and are forecast to continue growing,” says Lucian Cook, director of research at property firm Savills …