Why are single rooms so expensive

dcfca
Thu, 22 Jun 2006 19:07:50 +0000

The logic is simple. Two people can stay in a room. If rent is 6,500 dollars then by having only one person live in a room you lose a potential additional 6,500 dollars. So, the cost of the single must be high enough so that the dorm does not lose that potential 6,500 (at my dorm a single is double the cost of rent for a double room). At your school I know this exactly the case, however it’s still more expensive because that room could have housed another student and given the dorm more money, they’ve got to make up for it some how.