The Globe takes a look at BU's newly opened 960-bed Student Village II dorm in the southeast corner of Allston - "perhaps the most opulent residence hall to ever grace the local college landscape". Hopefully this helps shift the balance in Allston a bit from student rentals towards owner-occupied homes.
There is also this fun time-lapse video showing Boston's range of weather and the construction of the tower.
Note that BU officials said that this year was the first one in quite a while that "on-campus" students would not be housed in hotel rooms.
ReplyDeleteSo, at least to a significant extent, these are students being moved from hotel rooms to luxury student dorm rooms -- which doesn't relieve the rental housing market.
Also note that a BU official said that, with this dorm, they now are meeting (undergraduate) demand for on-campus housing. That means they view there as being no additional need in the near-term to build additional (undergraduate) student housing.
Students were housed in hotels at the start of school. It was not permanent housing. This will take some students out of the neighborhood. There will never be 100% housing because some parents will find it cheaoper to have their children live off campus.
ReplyDeleteSomerville has 10 single family houses for sale betweebn $500K and $250K. Most with very little land. I do not know if they come with servants.
ReplyDelete