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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think student housing is getting ridiculous?

35 replies

Cousinmuffin · 04/03/2023 21:10

I live in Liverpool and have done my entire life. My partner and I are looking to rent our first place together.

Every single property we can find is houseshare or student accommodation. Nothing ever gets Posted for actual houses and it isn’t even about the rent cost. We aren’t well off so obviously aren’t wanting to spend huge amounts on rent but because there’s no houses to rent even ones in deprived areas (which I’m from so it’s no judgement) and only 1/2 bedrooms are coming up £950! And even they are rare.

AIBU I’m thinking the government need to control how many properties (and I mean actual family houses) are being bought by landlords splitting them into house shares making there be nothing to rent for anyone else ?

OP posts:
KatyKlanger · 04/03/2023 22:39

Surely there are cheap options in Liverpool, low earner or no?

Stressedafff · 04/03/2023 22:40

blueshoes · 04/03/2023 22:39

My dd is looking at student flats in London. They are generally in the price range of 1,100 per month per room in a 5-6 bed house. That is about 56,000 per year for the landlord, more than double what the average person earns per annum. Nice little earner.

Manchesters going the same way, it’s just insane isn’t it

Ballcactus · 04/03/2023 22:43

blueshoes · 04/03/2023 22:01

I thought landlords given the choice would prefer working couples who have a credit history rather than student lets. There is more wear and tear and admin for student lets. What is making these landlords convert their houses into student lets?

The profit! My landlord booted us out of our family 3 bed which was 750pcm. Turned into a student house, made the living room another bedroom. Charges 95 per week per person.

RandomMess · 04/03/2023 22:47

I live in a student town. Lots of investment student purpose properties have been built on "brown sites" next to main roads that are not pleasant locations.

The residents still complain!!! Hopefully they will free up the HMO family houses into family homes eventually.

Most of the HMOs are owned by local people who choose to rent out to students over families because they get more money and get away with a poor standard of accommodation.

Yet somehow it's all the university's fault???

YANBU it's all greed driven.

blueshoes · 04/03/2023 22:48

Stressedafff · 04/03/2023 22:40

Manchesters going the same way, it’s just insane isn’t it

That's high in Manchester? That's bad. For London, at least there is the London weighting for the maintenance loan. If rental is the same cost in Manchester, how do students bridge the gap?

VictorStrand · 04/03/2023 22:51

Where should the students live then if the Government stops LLs from creating student accommodation? You're just swopping one problem for another.

ashamedmum007 · 04/03/2023 23:05

I live in a town with 2 large universities, when i left my marriage finding an affordable home for myself and my 3 children was virtually impossible. Everything i student lets and i spent 4 months camped on families sofas and all our belonging in the boot of my car. Ive since moved 3 times due to landlords selling up or needing the house back for their own reasons, and its been just as hard every time to find somewhere and ended up paying an absolute fortune to rent somewhere meaning we had to go without alot to pay the rent. 10 years later, and 5.5 years on a council list i finally got an affordable home for myself and my children.

ChiefWiggumsBoy · 04/03/2023 23:07

@Cousinmuffin I'm also in Liverpool and you're not wrong.

We moved a year or so ago, and at one point I thought we might have to complete on the sale of our house before the purchase went through. It was impossible looking for rentals for a 3 bed near our current area - they were all student lets or more than 3 times our mortgage.

You know students tend to live in the more lively areas, which is where younger, not necessarily students also want to live? Why would OP want to look in Dingle if Wavertree is where they want to live?

Cousinmuffin · 05/03/2023 00:02

The funny thing is with that suggestion is we have looked at Dingle! It is one of the places that would be a good location for us. We don’t drive but have jobs that require us to be able to get to work on short notice. So that does limit us But it shouldn’t be this difficult after months of searching for rentals

OP posts:
Ponderingwindow · 05/03/2023 00:16

If the units are filled with students, then there is enough demand. Those people would need to be housed somewhere.

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