It says some California universities are seeing decreases in enrollment. Those are schools that my kids would never apply to, as California residents. The issue is location, location, location and price. Aren’t those the basic tenets of Real Estate marketing?
Having experienced San Francisco Bay housing through our middle daughter who attended UCSF as a medical student, she shared a flat with seven residents.
Her earlier rental of a small studio apartment was $5000 per month. She shared this rental with a roommate. The only bedroom could only accommodate a bunkbed. You couldn’t put or fit two beds together in the same room and have space for clothing or an Ikea dresser. The building was new. It was clean. It t was in a great location but our paying $2500 per month for a half-room was insane.
Sonoma is out in the sticks and you need to have some kind of entertainment there. If athletics is gone then you better be a good Paul Bunyan to live out there.
I don’t know much about East Bay because these kids don’t talk about it. I do know that our local San Diego State and Cal State San Marcos are bulging at the seams. I also know that it’s really hard to get into UCSD.
Santa Cruz has the problem of too many students and not enough housing to support it because of the NIMBYs.
How would the state monitor accepting more OOS students and appease the taxpayers? The popular CSUs don’t have the space. And you know that out of state students won’t apply to the ones that aren’t as popular.
It really is location, location, location, as well as the price. Sounds like a Real Estate issue to me.