The big hole in housing as international students soar

The shortfall in purpose-built student accommodation could hit 7000 beds annually over the next five years, as high costs hold back the construction of new facilities just as demand surges, research shows.

The pipeline of new student accommodation has fallen sharply despite strong tailwinds for the sector from the return of international students, rising residential rents, and an undersupply of housing in the broader market, according to JLL