ST Alpha - "Why would that matter? Can college kids afford that kind of a raise? Seems like they would have a lot of turnover with those raises." (Reading a Post)

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In response to "college town -- nm" by decline

Why would that matter? Can college kids afford that kind of a raise? Seems like they would have a lot of turnover with those raises.

Posted by Krusty (aka krustylu) Feb 27 '13, 07:55

I've never heard of rent going up that much unless it went from rent controlled to market value.

Responses:

College towns would have a lot of turnover anyway. -- nm - Roger More Feb 27, 08:11
because there is no rent control and landlords know they have students by the short hairs -- nm - decline Feb 27, 07:56 2
- and its not like you can commute. State College is in the middle of nowhere -- nm - decline Feb 27, 07:57 1
  - patryk's rent goes up 5.5% for early sign per year (if you renew by 2/28, you get a discount), but his salary has effectively not changed in 4 years. - amanda Feb 27, 08:02
where else are they going to live? all rents go up that much. -- nm - amanda Feb 27, 07:55

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