Jennifer Openshaw on College Town investing
Jennifer makes some great points. She also scores some with Eugenians!
Point #1 – Supply vs. Demand. Supply remains constrained because college towns tend to have strict zoning requirements. Demands is increasing because college enrollments continue to increase.
To quote Jennifer:
“A place to retire? These days, college towns are getting a lot of play as retirement places. Not for everyone, but for mentally and physically active retirees.”
Then…there’s the 100friends take from 1999:
“…home prices in Eugene, Salem and Medford were below the average price for the nation as a whole. (Oregon Housing Cost Study)”
Is that as true in 2006 as it was in 1999? More stats to come!
Popularity: 10% [?]
