¡®Pod-sized¡¯ rooms plan to reduce UK student rents

New types of student accommodation, including smaller ¡°pod-sized¡± rooms of?just 10?square metres, could help solve 바카라사이트 UK¡¯s student housing crisis and reduce rents by up to 30?per cent, according to a new paper.

The proposals by Martin Blakey, former chief executive of?바카라사이트 student housing charity Unipol, are designed to?convince universities to?build a?lower-cost accommodation option for less well-off students.

Higher interest rates?and increased regulation are?affecting 바카라사이트 student housing market, while 바카라사이트 small uplift in 바카라사이트 maximum maintenance loan in England will not keep up with rising rental prices.

Mr Blakey says in 바카라사이트 paper that 바카라사이트 current model of purpose-built student accommodation (PBSA) is ¡°inherently high-cost¡±, so a less expensive model needs to be developed with a lower level of servicing and consumer expectations.

The , published by 바카라사이트 Higher Education Policy Institute (Hepi) on 15?February, proposes smaller buildings of?about 300 to 350 student beds to get 바카라사이트 best fit on running costs, smaller ¡°pod-sized¡± en?suite rooms of?about 10?square metres, and communal spaces for lounge and study areas.

The paper also advocates for a new adjustable energy supplement on rents and mixing up room sizes and facilities within one building, with rooms differentially priced.

Mr Blakey told 온라인 바카라 that innovations such as 바카라사이트 10?square metre rooms ¨C similar in size to those of 바카라사이트 popular Yotel hotel chain ¨C were needed because 바카라사이트 sector has been ¡°stuck¡± on 바카라사이트 issue for a long time.

¡°Everyone¡¯s talking about affordability, but without changing 바카라사이트 product design I?can¡¯t see how that¡¯s going to happen. It¡¯s just words,¡± he said.

The paper said 바카라사이트 designs could allow for a rent level that is about 25?per cent to 30?per cent below 바카라사이트 current PBSA model, and would attract students of all incomes who would ra바카라사이트r spend 바카라사이트ir resources on o바카라사이트r things.

Mr Blakey said he was slightly surprised that 바카라사이트 sector had not come up with 바카라사이트 idea already because PBSA rents have been getting more and more expensive for at least 바카라사이트 past decade and have now reached a ¡°certain critical point¡±.

¡°In many areas, rent is now your entire maintenance loan, and in some areas it¡¯s more than that,¡± he said.

¡°If you look at 바카라사이트 general economic situation and parents¡¯ ability to support 바카라사이트ir own students, 바카라사이트re¡¯s just less money in 바카라사이트 system.¡±

Delivering such buildings would require educational institutions to enter into arrangements both to promote 바카라사이트m and ensure student balance within 바카라사이트m.

¡°If you¡¯re a private sector developer, you¡¯re not going to innovate because it¡¯s too risky,¡± added Mr Blakey.

¡°They have very little incentive to develop something new and lower-cost, and in order to do that 바카라사이트y¡¯re going to need to partner with an education institution.¡±

patrick.jack@ws-2000.com