10-13-2017, 09:13 AM
That's a decent analysis. A 1,060-bed surplus is not unreasonable, it would be something like a 5% vacancy rate. 8,000+ beds would be quite different though.
But I do wonder about the counting:
Is the "licensed beds" counting all rental aparments? Barrel Yards, for example, is within the catchment area, and is (I think) primarily catering to the non-student population.
But I do wonder about the counting:
Quote:Low-density rental licensing number generated by averaging two figures:
• 1. Counted 90% of licensed beds in catchment area and 25% beds outside catchment area
•2. CBRE Limited analysis figure
Is the "licensed beds" counting all rental aparments? Barrel Yards, for example, is within the catchment area, and is (I think) primarily catering to the non-student population.