Am I missing something ?18 Dec 2008 13:55
Why when a firm has 99% occupancy and securred financing going forward is it a quarter of the price it was a year ago ? Where I live where students (or rather their parents) are more than happy to pay £100 quid a week to ensure their offspring are in good quality safe accomodation and will continue to do so. This is the basis of the UNITE business model and I cannot see why the basis of it should change unless people believe that there will be less students in the future and therfore less need for accomodation but I find that hard to believe.