The Wall Street Journal (May 19, 2020) -- Many investors have long wagered that the student-housing sector was a safe bet even during tough economic periods. The pandemic is threatening that notion.
Student demand for off-campus housing typically stays constant, especially at large public universities, because even during bad times college enrollment tends to remain stable.
Now, after a strong start before the coronavirus outbreak, many student housing facilities are trailing their year-ago rates for locking in new tenants as families await confirmation of campus reopenings.
Read more at: The Wall Street Journal