BBCNEWS Breakfast June 4, 2024 06:17:00
Is grinding quietly to a halt. most new purpose—built student accommodation is privately built. in 2020, around 29,000 new bed spaces were created, but that number has been falling each year since. by 2024, it will be 10,000, says unipol. after that, building costs mean it could reach a standstill, even though student numbers are rising. student housing is part of a wider rental market. in manchester, fallowfield has always been a big student area. many students still choose to rent in streets like this, partly to keep their accommodation affordable — really important when the cost of livi...