Let's assume TOPS really gets the axe, how hard does the giant apartment bubble

I cant afford an apartment to begin with anyway

Wasn't Delgado looking for a way to get NBR back on its feet? Gentrification, COME ON DOWN! You're the next contestant for "Cheap Real Estate"!

Rent prices in BR are kinda insane as is - most new complexes are going north of $1k/month for a 1 bedroom. ONE DAMN BEDROOM.

Can't they move to tigerland to revitalize the neighborhood

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crash? These giants complexes springing up in college towns are about to take a massive hit. Parents who were planning to spend $800 or less on tuition will most likely have to make a hard decision when housing and tuition will run close to $10,000 a semester. Lots of parents were fine paying 600-800 bucks for rent a month when they weren't paying tuition, very few will be able to afford both for four years, and multiple kids. Interesting times ahead, baws.

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It's crazy how absurdly inflated the BR apartment scene is, or at least was when I was in school 5 years ago.

Went to grad school in Athens. 600/month in BR gets you a 2 BR at el cid.

800/month in Athens would get you a a 2br/2.5 bath 2 story updated apt in a gated complex less than a mile from campus. With wood flooring.

Had a friend who lived in the "El Cid" equivalent in Athens (steeplechase for those who are familiar). 800/month total for a 4 BR.

that's what happened to tigerland. owners can't find tenants so they resort to section 8 and gov guaranteed checks.

Something needs to happen with these apt development projects in BR.

A fall has been building for years.

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The giant complexes are cheaply built and run like shite

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Yep.

Lived in the Standard at Athens my last year of grad school, which was the first one they built.

The Standard at BR (now university house) is like 100-200/month more expensive for the same thing in Athens.

We got in on the ground floor. It was just completed about a month before my last year, so no one had lived in it yet. It was awesome and extremely nice. We had a fricking 9' pool table the came with the place. But there is no doubt in my mind that in about another year or 2 or 3 that it will be an absolute dump due to cheap construction and bad management.

Want to talk about cheap construction? They barely had the framing up when I moved back home for the summer before my last year. Remember looking at the construction and thinking we'd have to live in the nearby Hilton for a month or two while they were still trying to finish it. They were ready for us to move in a week before class started back up 3 months later.

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Went to grad school in Athens. 600/month in BR gets you a 2 BR at el cid.

800/month in Athens would get you a a 2br/2.5 bath 2 story updated apt in a gated complex less than a mile from campus. With wood flooring.

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I completely agree with you but.. there's a lot of trash here in BR. I've lived in the cheaper places, and let me tell you.. the trash in these places don't live there because they want to live in a shitty apartment. They live there because they can afford it. If the nice places become affordable, they're not just going to stay confined to the shitholes. They're going to move in on the nice places.

As long as apartments are not allowed to discriminate very much on tenants, they're going to have to remain expensive to keep the trash out.

they will section 8 their shite.