LAS VEGAS—“Some of the millions of students heading back tocollege—and their parents—are finding a pleasant surprise:Landlords nationwide are cutting rents because of an oversupply ofstudent housing in college towns.” That was the intro paragraph ina Wall Street Journal published less than a year ago—anarticle that got panelists at RealShare Student Housing's Town HallPower Panel talking. According to panelists, that perspectivecouldn't be more incorrect and doesn't have factual evidence toback it up.
Donna Preiss, founder and CEO of thePreiss Co., pointed out that the pool of folks that youhave that are going to be collage age is increasing. “So you have alarger pool, an increase in international students…and last yearalone, there was a 26% increase in Chinese students coming in asfreshman.”
In addition, Preiss said, “Minorities are enrolling in collegeat higher and higher percentages, as well as females, and morestudents are also coming in full time.”
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