London Real Estate Sizzles Off Campus

 

The underlying trend is this: As developing nations (particularly China) create a strong middle and upper class, their children are flooding into western colleges and universities, and the imbalance between supply and demand is making student housing a lucrative investment play.  In London, the housing shortage is so pronounced that international pension funds, major private equity players, and real estate giants are all getting in the game.

 

Read the entire article at the New York Times.