Friday, July 25, 2008

Student Housing Bubble

Article Summary:

Undergraduate students at the University of Michigan’s Ann Arbor campus will see their housing costs jump 4.9 percent this school year because of a hike in residence hall room rates. According to the campus newspaper, housing at the university is already more expensive than nine of the Big Ten institutions, with just Northwestern University charging more. Meanwhile, residential housing values near the campus and around the state continue to fall.

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