Student housing can be a great place to invest but you have to do your due diligence and know the market. New data from Axiometrics (a RealPage company) shows that enrollment, which is a major indicator for student housing, experienced a slight drop last year according to their Axio175 report. According to their data, enrollment grew an average of 0.7% over the fall 2016 semester among the 175 universities – down from the 1.3% average growth pace in each of the previous three years. Interestingly, when the Axio175 universities are broken down in three groups based by enrollment size, the trend shows that, on average, institutions with larger enrollment experience larger enrollment growth. Indeed…
“Slowing enrollment growth overall can be attributed to a number of factors, including a strong job market, decreased federal financial support for tuition and changes in enrollment demographics and the perception of value of a college degree.”
Click here to read the full report at RealPage.com.
