General University Area Updates and Rumours

[Markster]

http://m.therecord.com/news-story/596286...mpus-areas

Translation: we are concerned we will be unable to fill our residences in the future (like it has already happened to WLU, btw) so please freeze development so we can make a guaranteed penny in our overpriced residences.

My take on the story, is that the size of the housing projects is driving up land prices, and this is land that Laurier has long since planned on eventually buying, to allow for campus expansion. As land gets scarce, and the development potential is increased, the land prices go up and up and up. Laurier is angling to put a damper on development, to slow land value increase, so they can continue to consolidate land at their preferred pace and price, instead of having to dive into a speculative land market right now with borrowed money.