Yet another student block is going up in my expensive and popular London area. I'd much rather we had flats for people to live in less transiently, but money talks.
When the bubble bursts (and it will, probably due to immigration politics) we will have a load of empty, badly-built SROs unfit for normal habitation.
> They're building yet another student block in my expensive and popular London area. I'd much rather they build flats for people to live in less transiently, but they can make a lot more money from short term letting to foreign students.
That’s a better option than people buying flats in residential buildings and letting them out to students, which is what’s happening around White City with the new Imperial campus.
When the bubble bursts (and it will, probably due to immigration politics) we will have a load of empty, badly-built SROs unfit for normal habitation.