The high demand for real estate in the UK is effective many key business and commercial sectors - and the student population along with it. With the high number of top ranking Universities in the UK, students are flooding in from Europe, Asia and America to study here, which places strain on the real estate market to house them. Pinnacle MC Global look deeper into the many reasons that have created this issue.

1. Why is demand for student
housing so high in the UK?

2. Growing student population
• The amount of people choosing to attend university rather
than go straight into work has soared.
• Over the past few decades, this number as steadily
increased, with more desire to receive higher education,
as well as it being increasingly easy to get a place.
• The recent lifting of government restrictions on places
means that this will only continue.
• There are also increasing numbers of international
students. With universities in the UK being widely
regarded as amongst the best in the world, foreign
students are vying for places in the leading institutions of
this country.

3. Discerning consumers
• Increased demand has also been elevated further as a
result of students becoming more demanding as
consumers.
• The student population is increasingly picky when it
comes to what they want and the standards involved.
• . Since the availability of ‘all singing all dancing’ luxury
accommodation with ensuite bathrooms, free high speed
wifi, social areas and round the clock security, students
have become much more discerning.

4. The effect
• The effect of all this demand and the increase in
student numbers is generally deemed to be
strengthening to the economy and positive in nature.
• British taxpayers spend a lot on the student
population but the returns gained from graduates are
significantly more.
• According to a report conducted by the National
Union of Students, student spending in the UK
supports more than £80 billion worth of economic
output. This in turn means creation of and support
for around 830,000 jobs around the country.