Students who are beginning a journey to study abroad wonder
"Why is student accommodation so expensive?"
These are some common reasons why it is so expensive:
1. Location
Universities and colleges located in major cities or popular student areas tend to have higher rental prices.
2. Inclusive Amenities
Many student accommodations have a range of amenities, such as a gym, pool, and communal areas which adds to the cost.
3. On-site Maintenance
Student accommodations may require frequent maintenance. These costs are inclusive of rent and can make it expensive.
4. Furnished Accommodations
Furnishing a property can be expensive for property owners, and they may add this cost to the monthly rent.
5. 24/7 Security System
Student accommodations often come with added security features, and it comes with a higher cost.