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Isaac

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Posts posted by Isaac

  1. 4 hours ago, Green_man said:

    I think these student apartment buildings in urban settings will be fine and stay high in demand.  But I could see the surplus in rooms (if there is one) effecting more of the student apartments out on Tryon and Avent Ferry.  Those would be better candidates for shifting prices downward to attract renters.

    This is what has already happened.  I lived at an all student apartment complex off Avent ferry and by the time I left there weren’t really any students left.  Cars started getting broken into every night.  Just don’t want the same to happen to hillsborough Street if this trend of 200-1000+ student only apartments keep popping up.

  2. 11 minutes ago, Justin6882 said:

    I work at NC State and closely with housing and admissions. The past two freshmen classes have been much larger than their projections so it’ll take some time for that to show up these. Now I’m not sure how the graduate school is doing with enrollment, but they aren’t the students living in these types of developments, for the most part.

     

    Got it, thanks for the inside info!

  3. 10 hours ago, Justin6882 said:

    Actually enrollment has grown by 8-10% over the last two years as more students accept admittance. If that keeps up, that’s just one of these buildings after 2-3 years. 

    Where do you see that enrollment has grown 8-10%?  According to this link, enrollment has gone down after peeking in the 2011-2012 school year.  I also found an article saying the enrollment in the 2017-2018 school year was 33,755.

    https://oirp.ncsu.edu/enrollment-history-nc-state-1889-present/

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