PBSA Growth Continues to Slow
29th Mar 2023
Welcome once again to the weekly round-up of all that is student news. Our short end-of-week round up provides a concise overview of the important student accommodation stories from around the world this week. As always, we hope you enjoy and feel free to read the full articles by clicking on the titles
1. The Bank of England makes a move to cool house prices
With mounting concerns over the house price bubble in the UK, the Bank of England's Mark Carney has revealed measures to reign in a system that ignited the last financial crisis
2. One in five buyers are paying more than the asking price
Competition for properties is resulting in around 19% property sales completing above the original asking price. According to the National Association of Estate Agents, excess demand for housing has seen the proportion of houses sold above asking price climb to three times the level seen in September 2013
3. Religious extremism threatens UK education system
Following revelations that religious extremism has gained a footing in the UK's education system, politicians in Westminster are calling for a review of the autonomy currently afforded to academies and free schools
4. Can you build a house for £100,000?
According to Grand Designs' Kevin McCloud, building a new house for under £100k can be acheived. All you need is ingenuity and a little bit of luck
5. Graduate brain drain: a UK exodus?
47 per cent of respondents to a graduate survey plan to move abroad following graduation. New York claims the majority vote for most popular destination, followed by Sydney, Los Angeles, Melbourne and Beijing
6. Increase In Student Numbers Drives Accommodation Boom
The student property market is increasingly become a major player in the world of property investment and its popularity is only rising around the world reports Savills, the international real estate adviser. Global investment in student accommodation has increased from $3.4 billion in 2007 to $7.2 billion last year
7. What will Google Glass do for Education?
The £1,000 Google Glass prototype was released for sale in the UK this week. StuRents looks at how this disruptive tech will redefine the classroom
8. Balfour Beatty closes $104m deal for Texas student digs
Balfour Beatty capitalises on an increasing number of development opportunities in the US student accommodation market, reaching financial close for phase one of a US$104m (£62m), 1,274 bed Texas A&M University student accommodation project
9. Scottish independence places UK higher education at risk
With the Scottish independence referendum set for 18th September 2014, academics and policitians squabble over the impact that a divided UK would have on the its global higher education and research standing
10. Education, education, education means nothing without a job
With 922,000 people aged 18-24 not in education, employment or training (Neet) - one in six of that age group - questions need to be asked as to why so many students exit the education system without core skills required in the workplace
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