Students are good for our country. Whether you agree with this statement or not, you've got to admit they bring a wealth to our towns and cities. They bring cultural differences that enlighten areas, they bring a wealth of knowledge and they also help local economies by working and spending money in shops and using public transport.
As well as the above, though, if latest reports are to be believed, students and their accommodation could soon be the holy grail when it comes to property investments.
A lot of people still have a vision of students living in slum conditions with no running water and paint peeling off of the wall. How wrong this image is. Student halls of residence (a large portion of them anyway) are now super flashy and it is because of their stylish look and feel that property investors are swooping in to get a slice of the action.
Some student digs are reportedly costing £650 per week for a room and there is massive demand for them. Many wealthy parents are paying for their little cherubs to stay in luxury whilst studying at university and it is because of these people why investors can see a massive return on investment.
As well as a large demand from students and parents for luxury student accommodation, there are also many tax benefits which will be playing a part in the popularity of this kind of venture.
There is more red tape and tax barriers in place on property assets than there ever has been, but student housing isn't one of the big property havens that has been identified as needing regulation, so there are many loopholes to exploit.
You'd have to be quick if you were thinking of breaking into this sector and looking to put your stamp on the student rental market though, as recent research has shown that the amount of people currently involved or looking to get involved in student let investment is rising sharply.
It has become so popular in fact that investors are now looking further afield and trying to buy luxury student property in Europe with a view to making good returns abroad.
Gone are the days where student accommodation was damp, dreary and dismal. Nowadays they have swimming pools, sleek kitchens and boudoir bedrooms. Many students are living the life of luxury, the most luxury that they will probably ever have in their life, and property investors want that luxury too.