These
days, a number of real estate development companies are taking advantage of low
interest rates and are building huge apartment complexes in college towns all
across the country. These complexes offer amenities that most of our generation
would love to have in our own homes. These are often fully furnished luxury
apartments with all steel appliances, granite counter tops and deluxe
clubhouses complete with pools, gyms, hot tubs and golf courses. While these
obviously offer very high quality living experiences, it is important for you
and your child to assess whether becoming accustomed to living in such housing
will be sustainable after they graduate. Usually it’s not.
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