Quote:
Originally Posted by King&James
It's a free market, if they set lease rates too high they will not rent, and certainly Knightsbridge will adjust accordingly. That being said, the cost of post secondary education inclusive of accommodation is astronomic relative to student income (hence Bank of Ma and Pa, or hello mountain of student debt)
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Housing is not a free market. Much like food or water, the buyer
needs the product, so can only shop around so much before they have to give in and pay.