
Will the Student Loan Bubble and the Housing Bubble Merge Into One Huge Super Bubble?
Tuition, clothes, cars, spring break. College students will blow money on anything, as long as they don’t have to pay for it (thanks Mom and Dad!). Or, at least, as long as they don’t have to pay for it right now (loans! credit card debt!).
You know what else they’ll pay for? Housing. You know how much they’ll pay for it? A lot.
At least, that’s what real estate developers are discovering (to their delight), according to The Wall Street Journal. As long as you can put up with the occasional rager and someone vomiting into the pool every now and again, student housing pays handsomely. And because students are paying with other people’s money—either their parents’ or their future selves’—student housing has proved cheerfully impervious to market downturns. Read More






