rooms to let, 50 cent
today, i read the rental rates for the new Gateway apartments and laughed. They're ONLY renting to graduate students, law students, faculty and staff. And it's a good thing, too, because it looks like you need a nice hefty income to live there.
let's start with the law students: (S = Studio, 1/2/3 = Bedrooms, rent is per month)
S, 405 sq ft, $580
1, 671 sq ft, $710
2, 990 sq ft, $1050
now, other grad students, faculty and staff:
S, 420 sq ft, $755
1, 678 sq ft, $810
1, 750 sq ft, $855
2, 1082 sq ft, $1155
3, 1625 sq ft, $1835
3, 1930 sq ft, $2160
Yikes. I have a feeling that will either a) drop or b) keep the places vacant for the foreseeable future.
Comments
More space for the privileged kids. I'm sure Daddy won't have a problem writing the check for it.
Posted by: palochi | April 15, 2005 3:10 PM
You mean there are moms and dads that pay for grad school? *shudder*
Posted by: Gigamatt | April 15, 2005 4:09 PM
Of course, my whole perspective is skewed by living in NYC (and I even live in a cheap part), so I see those prices and salivate at the unbelievable bargains on display.
Posted by: Sparky | April 17, 2005 11:59 AM