Luxury off-campus living seen as plum investment for developers

12/7/2012 | Wall Street Journal, The

Real estate developers view luxury residences for college students as a growing category of investment. These buildings are typically located off campus and offer such high-end amenities as swimming pools, multiple bedrooms and bathrooms, beautiful views and golf courses. The downside to these investments is that more students are opting to live at home to save money, which means a possible glut of product on the market.

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Wall Street Journal, The

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