« back to article

Discuss “Housing: A financial look”

Most students pay $5500 a year for a room on campus and take nothing away four years later. A few investment-minded Carnegie Mellon students, though, are looking to put their living space to work.

The lure of land ownership has a few students turning the college experience into a quick profit. Private bathroom and utilities included.

Pittsburgh real estate agents are reporting more parents buying houses or condos for their college-age children, according to a September 17 article in the Pittsburgh Tribune-Review.

“It’s more common this year than in the past,” said Cliff Schultz, a manager of the Howard Hanna real estate agency, in the Tribune-Review. “[Parents] see the cost of housing go up at universities, and they say, ‘I can...

Comments

Be heard

Name:
Required
Email:
Optional
Comment:

Comment guidelines

If you provide an email address, it will be displayed. This may make you more vulnerable to spammers.

HTML is not allowed. Paragraphs are automatically created by leaving a blank line. Links are created from URLs automatically.

Off-topic or inappropriate (e.g. obscene, libelous) comments are not permitted and will be removed.

Important: The Tartan provides these discussion boards to encourage discussion about the topics we report. The views and opinions expressed in these comments are those of their authors, and do not reflect the opinions of The Tartan.