Business · Economy · 23 hrs ago

Tax and rental rule changes make student housing less attractive to parents

Tax and rental rule changes make student housing less attractive to parents

Parents are finding it less attractive to buy homes for their student children as a way to provide housing.

The homes could also be rented to some of the child’s fellow students.

Higher taxes, rising interest rates and new rental rules have changed the economics of these purchases.

Buying a property had been seen as a safe and profitable investment.

The changes mean student homes have become less worthwhile for parents.

This matters for students who need a place to live in their university city.

Parents are now asking how else they can help their children find housing.

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De TelegraafArticle text
Buying a home for your student child, perhaps with a few fellow students, was a safe and profitable investment.
via De Telegraaf