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What will be the fate of college towns if this virus comes in waves and there is no school in the fall?

Asked by Jons_Blond (8253points) April 14th, 2020 from iPhone

I live in a college town. I’m wondering what will become of all the empty apartments if students don’t move in this fall.

Do you think landlords will lower rent to attract locals? This would be good for my family. We currently rent a 2 bedroom for $1600 and our oldest son recently moved in with us. We desperately need a 3 bedroom now. I wonder if this is our chance to find something larger and more affordable?

What are your thoughts? What will become of the renters market? Anything else that comes to mind for college towns?

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