A Crisis of Affordability? | Durham Student Housing in 2023/24

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 345

  • @well-blazeredman6187
    @well-blazeredman6187 9 місяців тому +117

    Perhaps our universities should be obligated to have sufficient, low-cost halls of residence to house their entire student body.

  • @GeorgeStorey-g8e
    @GeorgeStorey-g8e 8 місяців тому +56

    There are around 22,220 students enrolled in The University of Durham. There were around 6,500 in the 1990s and 15,500 in the early 2010s. The University have and are accepting far too many students, which is pushing up housing costs for the local population.

    • @ballshippin3809
      @ballshippin3809 8 місяців тому

      Thanks to Tony Blair for commercializing university and making his bank friends even more money via interest payments from student loans. University education has been reduced to nothing more than a ponzi scheme

  • @robertbrodie9453
    @robertbrodie9453 9 місяців тому +60

    I paid £63 a week for a room (admittedly not very nice) in the viaduct in 2010. I was on the maximum loan and grant. I could not have attended Durham on these prices. This will make Durham an elitist university regardless of what initiatives there are.

  • @LC-uz3og
    @LC-uz3og 9 місяців тому +57

    I started at Durham in 2016. In 2017 I rented a tiny box room in Gilesgate for 350 per month. It was mouldy and the toilet upstairs ran on a motor, when it failed the water would come through my light fitting. I worked 30hrs at Wetherspoons on top of fulltime study to afford this luxury as my loan wasn't enough. This lack of planning or responsibility from the Uni or Council makes uni unaffordable for people without a silver spoon.
    Another thing, where are Durham locals left in all this? Priced out of their own city. It is a crying shame.

    • @thereader6667
      @thereader6667 9 місяців тому +4

      Same with Bath in South West

    • @bitcoinisfreedommoney.fckt2663
      @bitcoinisfreedommoney.fckt2663 9 місяців тому

      Why bother going to uni and rack up debt? AGI is around the corner 90% of jobs will be gone in five years. Become entreprenuer

    • @timmk94
      @timmk94 8 місяців тому +5

      Locals will be priced out too. There's a great clip with Aaron Bastani who says when he looked at a landlord forum there was an article basica;;y saying properties are cheap in Durham and you can charge a high amount of rent there. we need do out with the rentier class.

    • @Sarah-qo9bu
      @Sarah-qo9bu 8 місяців тому

      @@thereader6667oh my gosh im in Bath too! ITS DIABOLICAL

    • @thereader6667
      @thereader6667 8 місяців тому

      @@Sarah-qo9bu I had to leave Bath as I couldn’t continue with the the councils obvious neglect.
      Constant traffic/ Public Transport that can’t meet demands/ roadworks or construction from endless projects/ expensive and awful service everywhere you go. The whole city has turned into a corporate scam.
      The end of the line for me was when I was walking down Milsom Street and some bloke from a private company stopped me and accused me of dropping litter(I hadn’t) and said I had to him pay £100:00, when I asked him to prove it he then harassed aggressively me until I was able to get away Spoke to the police and council and I was ignored.

  • @Timon_216
    @Timon_216 9 місяців тому +174

    This is caused by universities accepting too many students. All they care about is the fees (profit) they get, they don't care about whether there is adequate supply of teachers, accommodation, or facilities. It ultimately results in a worser experience for everyone involved. To young people today don't feel pressured into going to university, I doubt a degree is worth as much as it used to be and the quality of teaching has gotten worse. They are letting in absolutely anyone just so they can rake in those tuition fees.

    • @londonspade5896
      @londonspade5896 9 місяців тому +13

      Problem is now that most people have a degree, you'll find it extremely difficult to compete in the job market without one - unless you're in trades or military etc

    • @mohammedfarismakhdoom9867
      @mohammedfarismakhdoom9867 9 місяців тому +25

      True. I go University of Bristol and I discovered that to get on my course as an international you need CCC while home students need A*AA. They pretty much favour internationals because they bring in more money.

    • @Timon_216
      @Timon_216 9 місяців тому

      @@mohammedfarismakhdoom9867 Absolutely internationals paid double what home students did. £20,000 a year is crazy

    • @foisher_8622
      @foisher_8622 9 місяців тому +2

      @@londonspade5896 This is the reason I went to uni. I'd say it was worth it

    • @yux.tn.3641
      @yux.tn.3641 9 місяців тому +3

      in the future, i think vocational skills will be in demand more

  • @plol
    @plol 9 місяців тому +74

    Brilliant student journalism

    • @HazzyWazzey
      @HazzyWazzey 9 місяців тому +2

      Wealth tax, now!

    • @notmenotme614
      @notmenotme614 9 місяців тому

      How is it? As it doesn’t answer questions or provide a solution.
      “I hope it gets better”… how?
      “A code of conduct” … which is ignored by estate agents, because they can when demand outstrips supply.

  • @futures2247
    @futures2247 9 місяців тому +28

    the irony i'd wager most Durham students are middle class and above so it will be so much worse for ordinary people in Durham

    • @Maria7Maria
      @Maria7Maria 9 місяців тому +5

      Even if they are middle class, their parents/family may be feeling the squeeze as costs soar on their own bills etc, so might not be able to support them financially as much as they used to - if at all. I see it here in the south of England, students can’t go clubbing/to bars/to their hobbies and student societies like they used to as they are cutting back. Many bars they used to frequent are closing. Students being rehoused in towns or cities a train ride away where it’s cheaper

    • @futures2247
      @futures2247 8 місяців тому

      yes of course it impacts on most people, my point was more about the disproportionate impact it will have, like everything else, in this neoliberal gang bang, on those with less resources. I was in Durham just the other day and the coffee shops and restaurants were full of students. 'Feeling the squeeze' vrs having to choose to heat or eat are quite different things. Not blaming the students etc but this neoliberal profit above life on earth system we have.@@Maria7Maria

    • @timmk94
      @timmk94 8 місяців тому +7

      Even middle classes will suffer with this. You need to come from a very wealthy family for them to be able to afford to support you at Uni. I qualified for the miminal loan but my family couldn't spare the money to assist me at uni.

    • @edmills9160
      @edmills9160 8 місяців тому

      There is a student property price and a non student property price for renting. Landlords know they can charge what they want to students but not locals...

    • @atomic4650
      @atomic4650 8 місяців тому

      Is there such a thing as ordinary people in Durham?

  • @rob3rtlaw
    @rob3rtlaw 9 місяців тому +36

    I graduated from Durham in 2016. Back then we paid £80 per week for admittedly a pretty shoddy place in Gilesgate. For others wanting something a bit nicer it was a bit more, but nowhere near as bad as in this video (even though it was already starting to get a bit silly for the north east).
    The University PR will tell you its cost of living, but pretty clearly the main reason is a massive increase in new students from 15,500 in 2016 to > 22,000 now. 7,000 + new rooms have not been made in that time so what the hell did they expect. Should have kept Durham as a small university, which was always one of its strengths but guess the extra fee ££ were too great to resist.

  • @UtaHagawi
    @UtaHagawi 9 місяців тому +24

    I was a student at Aston Birmingham, 2017-2021.
    First year was £120pw, then £148pw, (study abroad), final year £180pw
    We had ZERO control over our rent increases - and our student loan stayed the same. I HAD to work both through uni, and immediately after (to pay off debts) as I didn’t have financial support from parents
    What’s happening to our student rental sector is a JOKE. This ruins the university experience when you have that sort of expense every month

    • @loissmith7418
      @loissmith7418 9 місяців тому +1

      Innit I paid £130 bills included for a large house, good location and en-suite in my 2nd year (2017) but now I’m doing my PhD (in what’s meant to be a cheaper part of the country) now and it’s £200 a week for a shitty student accommodation with awful service and I’m one of the lucky ones.

    • @fantasypvp
      @fantasypvp 9 місяців тому

      There's plenty of housing in Birmingham for around £100pw lol, I'm probably gonna be living there next year

    • @UtaHagawi
      @UtaHagawi 9 місяців тому

      @@fantasypvp selly oak? That’s UOB, I’m talking about Aston

    • @fantasypvp
      @fantasypvp 9 місяців тому

      @@UtaHagawi yeah that's what I'm talking about, is Aston a lot worse than that then?

    • @UtaHagawi
      @UtaHagawi 9 місяців тому

      @@fantasypvp yeah selly is a suburb whereas Aston is near the city centre - prices in selly have gone up too though (for somewhere decent) but still far cheaper than central
      And you’d rather be in Selly too, it’s a far better atmosphere

  • @seancrowe3353
    @seancrowe3353 9 місяців тому +17

    The tory party decided it would be a good idea to tax landlords on revenue instead of profit, which is what every other entrepreneurial venture is taxed on in this country. This meant landlords had a paper profit which after paying tax on meant a real loss. No wonder landlords are selling as fast as they can. What did the government expect?
    Example for explanation: You sell lemonade. You made £100 and your costs were £70. You've made £30 profit, pay tax on £30. Fine. New rules: You made £100, pay tax on £100, don't care if you had £70 in costs. 40% on £100 is £40. You actually made a profit of £30 but now have to pay £40 in tax = £10 loss.

    • @rmacara
      @rmacara 8 місяців тому +1

      the situation will get worse if the Renters Reform Bill abolishes fixed annual tenancies. Students will leave properties after 9 months and then the landlord will be compelled to relet to non-students, forever removing student properties from the market. Rents therefore will increase as supply decreases.

    • @nige5902
      @nige5902 8 місяців тому +3

      The Labour Party thought it was a good idea to increase immigration in the millions (supply and demand) most students believe in open borders.

    • @R53Hole
      @R53Hole 8 місяців тому

      @@nige5902 Who has been in power the last decade while there has been massively more immigration than ever before? Not that that's the real problem anyway, it's wealth inequality, everything owned by ultra-rich greedy bastards.

    • @seancrowe3353
      @seancrowe3353 8 місяців тому +1

      @@rmacara i think landlords will put rents up to cover the 3 month gap.

    • @Alex-cw3rz
      @Alex-cw3rz 8 місяців тому +2

      ​@@nige5902 so the labour party were in charge last year when we had record migration...
      I have to ask you believe in free markets, surely the labour market should also be free, especially as it's the most efficient market as every element had a brain. Just look at after 2008 immigration dropped why because jobs were less, last year we had many job vancies so immigration went up. Do you get it now simple supply and demand.

  • @kickstartedwards6916
    @kickstartedwards6916 9 місяців тому +8

    I know it is not the perfect solution but given the costs I would think seriously about studying at a local university and staying at home

    • @laurajibson8945
      @laurajibson8945 9 місяців тому +1

      Not everyone lives close to a good university though. Staying home may mean coming down a lot in the league tables or perhaps the local uni is too high ranking and it’s unlikely you would gain a place. Staying local is definitely more common though now.

  • @tyronesmith4622
    @tyronesmith4622 8 місяців тому +2

    I feel sorry for students today. It’s alright the University claiming there’s enough accommodation, but clearly there isn’t enough AFFORDABLE accommodation as this video highlights.

  • @paulgates4083
    @paulgates4083 8 місяців тому +5

    when i went to uni, it was all free, no money to pay fir anything, the govt gave us £500 per term for living expenses and we still moaned about it.
    how these poor kids cope is beyond me

  • @Leehuss5582
    @Leehuss5582 9 місяців тому +3

    In 1998 my room in a student house that I rented cost me then £34, second year in 99 I was EXTREMELY lucky and found a room above a newsagent that cost me no lie £15! It was a dump mould on walls, paint faded bad cracks on walls but clean and a new bed. A bit of a walk to Uni but I was young and fit nothing like how I am now in my mid 40s. Feel so sorry for the younguns trying to find accommodation my daughter god willing will be same position as you if no changes happen in a few years but sadly I think it will only become worse...

  • @taniayager3361
    @taniayager3361 9 місяців тому +33

    Greedy landlords - buy-to-let brigades from London pocketing their vast sale profits to buy up cheaper properties up North - have made the price of renting exorbitant! I can't get my head round £200 pw for student accommodation in Durham! It is frightening. Even bank of mum and dad is getting precarious as cost of living cuts into everyone's living standards except for the very rich!

    • @mikewinston8709
      @mikewinston8709 9 місяців тому +1

      I have three houses in Manchester as student lets; I live in Beaconsfield. No one has to rent from me; I force no one. My best tenants are all from overseas; clean, erudite and hard working. UK students are just too poor.

    • @tobyanderson5360
      @tobyanderson5360 9 місяців тому

      That's Manchester mate. You can't compare a tiny university city like Durham to a giant Metropolitan city like Manchester. Your point adds nothing of substance to the the situation other than just stating UK students are poor. @@mikewinston8709

    • @ninjaman1138
      @ninjaman1138 9 місяців тому +1

      Maybe you should start screaming at people about socialism or something...

    • @tmit9992
      @tmit9992 9 місяців тому +6

      ​@@mikewinston8709lol you just called them too poor. The entitlement

    • @jgw9990
      @jgw9990 9 місяців тому

      ​​@@mikewinston8709Average sociopathic landlord. I hope the mortgage rates crush you.

  • @Lotrhome154
    @Lotrhome154 9 місяців тому +35

    This is the most important life lesson they will get from uni. Life after will be dire

    • @salkoharper2908
      @salkoharper2908 9 місяців тому +14

      It is if you think about it. These students are finding out the No. 1 issue they will face in Adult life in England is they will not have any housing to live in.

    • @MouldyCheesePie
      @MouldyCheesePie 9 місяців тому +2

      Durham uni students are among the poshest in the country, they will not have it tough!

    • @HazzyWazzey
      @HazzyWazzey 9 місяців тому

      Wealth tax, now!

    • @JohnSmith-gy8rc
      @JohnSmith-gy8rc 9 місяців тому

      Nope - life is what you make it. Stay positive, work hard, keep your wits about you and you can have a very good life. Stop whining and think about the freedom you have to make these choices, given to you by the greatest generation, many of whom either gave their lives or had it ten times worse than this so people can freely whinge about how tough it is now.

    • @kw1ksh0t
      @kw1ksh0t 9 місяців тому

      @@JohnSmith-gy8rc Oh, so the Jews who died in the gas chamber were just "whinging"? Or, is it really that our environment actually affects us? Either you think the Jews murdered by the Nazis must take responsibility for being killed, or you have to admit that environment has impact on us

  • @who_is_dis
    @who_is_dis 9 місяців тому +6

    1. Make sure you're not going to Uni for a useless degree (90% are a complete waste of time and money). Research thoroughly, and ask 'is this teaching me specific, in demand, high paying skills?'
    2. If you are, pivot to the trades or work part time and teach yourself with online resources / prove your ability to evidence and try to leverage that to get your foot in the door.
    It's not worth it, and even for fields where it is like Law / Accounting - many of those are going to be choked out by Ai very soon. Dangerous times.

    • @cv4981
      @cv4981 8 місяців тому +2

      This.
      I don't think it is stated enough that 90% of University courses now are just a money pit and are not worth their time or money. Since the University system became a "for profit" system there has been a massive explosion of useless degrees which are a waste of time for 90% of people.

    • @PeacockRhino
      @PeacockRhino 8 місяців тому

      Both law and accounting now have apprenticeships that lead to full qualification.

  • @MrSebastianBlake
    @MrSebastianBlake 9 місяців тому +13

    Unfortunately gonna get worse as there is less property to rent as the demand is high as you can see already.

    • @HazzyWazzey
      @HazzyWazzey 9 місяців тому +1

      Wealth tax, now!

    • @rmacara
      @rmacara 8 місяців тому +1

      the situation will get worse if the Renters Reform Bill abolishes fixed annual tenancies. Students will leave properties after 9 months and then the landlord will be compelled to relet to non-students, forever removing student properties from the market. Rents therefore will increase as supply decreases.

  • @mattsmith4536
    @mattsmith4536 8 місяців тому +2

    In 1994, I lived in Bowburn at £28pw, and a town center room was an unpalatable £40pw. Different world, easier times. I also managed to make a small profit on my student grant. Back then, only about half of students had to live out for only 1 year, the others got three years of college accommodation. If these days students only get to live in for 1 year, that sort of breaks the college tradition IMHO, and probably explains the squeeze on rooms.
    Edit - My old house in Bowburn is currently for sale for 80K with four ready-to-rent bedrooms. Bowburn is.... OK.

  • @celizacs6672
    @celizacs6672 8 місяців тому +1

    I graduated in 2019 and paid £115 a week for a house 10 min walk from the BB. Can’t believe how much it’s changed

  • @garycroft8213
    @garycroft8213 9 місяців тому +9

    This is stupid, because across County Durham rents are affordable compared to other parts of the country and bus routes exist to Durham city centre. Students perhaps want the idyllic lifestyle of living in old Durham rather than practical living.

    • @seancrowe3353
      @seancrowe3353 9 місяців тому +3

      They do, that's true, but there probaly aren't student HMOs in those other places. Lack of demand for them = lack of supply.

    • @garycroft8213
      @garycroft8213 9 місяців тому

      @@seancrowe3353 check rightmove, choose Durham, 3 mile radius (further if you wish), plenty £500pm rentals, yes students might have to live next to regular people rather than in a student neighbourhood and that would include behaving themselves.
      Media don't let that get in the way of a £200pw rent crisis story.

    • @garycroft8213
      @garycroft8213 8 місяців тому

      @@seancrowe3353 plenty on rightmove, with 3 mile radius of the city, for £500pm and that's a whole house that you could share with at least 1 friend.

  • @drkarenbukharibukhari9931
    @drkarenbukharibukhari9931 8 місяців тому +2

    Thanks pm rishi

  • @Alex-cw3rz
    @Alex-cw3rz 8 місяців тому +2

    Keep in mind some of these properties will have been bought recently but many won't even have a mortgage yet are putting up rent, when their costs have gone up a couple of percent in upkeep.

  • @YoAddicts
    @YoAddicts 9 місяців тому +3

    £225 pw is literally meant for a place for two people. I'm paying much more than that, but I have way more space than just an average room for let

  • @heatherlinnette189
    @heatherlinnette189 2 місяці тому

    In the London, quality housing is not what you think especially for students! My daughter was in student accommodation in London and the buildings got infested with bedbugs. This is quite common especially in London. They also had problems with squirrels getting into the ceiling spaces and mice to say the least. So as the old saying goes, the grass isn’t always greener.

  • @LYLeelers
    @LYLeelers 8 місяців тому

    This is a great piece of journalism, but incredibly sad to see. In 2015 I was paying £60 p/w in Gilesgate excl bills, 2016 we moved to a newly refurbed house near the library for £120 p/w incl all bills, this was quite pricey at the time. We signed in late November which was considered early too
    I was on the maximum loan and the Durham grant, I can't imagine what the situation is like for students now

  • @Alex-cw3rz
    @Alex-cw3rz 8 місяців тому +2

    Just remember this has a knock on effect onto the local economy, you wonder why uni students go out less, which has a knock on effect on isolatation, onto the economy and the tax income. The current housing crisis has been predicted to have contracted the economy by about 20%. Who knows what it has done for mental health.

  • @tariqkhader6196
    @tariqkhader6196 9 місяців тому +4

    This is apocalyptic. I was born in 1980. If my generation is to blame wholly or partly, on our behalf, I'm so appalled and genuinely sorry.

    • @tezzo55
      @tezzo55 9 місяців тому +1

      Why are you SORRY? What did you DO - EXACTLY?

    • @tariqkhader6196
      @tariqkhader6196 9 місяців тому +1

      @tezzo55 read what I've written. There's the word 'if' in there.

    • @tezzo55
      @tezzo55 9 місяців тому +1

      @@tariqkhader6196 Yes, little fellow, you certainly did, AND THEN you certainly followed your little "IF" with an apology, YES?
      So (let's try again shall we?) "IF" your supposition pertains, then for what, exactly, WOULD you be sorry?
      Irony is a difficult tool to use evidenced by the fact that most have no clue how it is done. You certainly don't!
      Best

    • @tezzo55
      @tezzo55 9 місяців тому +1

      @@tariqkhader6196 Still waiting little fella!

  • @lifeinvader2039
    @lifeinvader2039 9 місяців тому +4

    I study in Southampton the going price is 180£ per week for an ensuite shared with 7 people.
    Uni of Southampton have toke on to many foreign students which has put in a strain to find accommodation.
    In the building, I live now is 80% non UK students.

  • @drkarenbukharibukhari9931
    @drkarenbukharibukhari9931 8 місяців тому +1

    Thanks god still i have roof over my head

  • @gogovideo10
    @gogovideo10 9 місяців тому +14

    It's crazy looking at what those kids are paying weekly when houses in Durham are absolutely piss cheap. You can buy houses in Durham for as little as £5000, so you know that a lot of these landlords have done exactly that. They have them paying more for student acconomdation than I do for a one bedroom flat. It's insane.

    • @chrisb4504
      @chrisb4504 9 місяців тому +1

      Where in Durham is that? Not Durham City

    • @tezzo55
      @tezzo55 9 місяців тому

      If they are that cheep why not buy one yourself, hmm? Or maybe a group of students could cluster together and buy one! Some folk are always waiting for others to do everything for them! Do it yourself and learn about dignity and self-respect!

    • @dingopuppytoo
      @dingopuppytoo 9 місяців тому +1

      The cheapest property in Durham COUNTY is £70,000

    • @tezzo55
      @tezzo55 9 місяців тому

      @@chrisb4504So, you tell FIBS as well! Find ONE house in Durham that only costs £5,000. Lefties fib about everything!

    • @tezzo55
      @tezzo55 9 місяців тому

      @@chrisb4504 So, telling fibs are we?

  • @BrockSamson-i1i
    @BrockSamson-i1i 8 місяців тому

    if its that bad for students then imagine how difficult it is for locals. students and universities are displacing local residents. Try living in Bristol and paying less than 1000pcm for a one bed, impossible. everywhere you look, student blocks going up

  • @nev3i
    @nev3i 8 місяців тому

    I feel for the students, but as someone from Durham, there simply isn’t enough houses for them at all. The university should provide halls for all students. Everyone growing up in Durham has to move away, there is no available housing in Durham for native non-students.

  • @Ifakojesfd
    @Ifakojesfd 8 місяців тому

    I pay £178 per week including bills for a student house in Durham that's a 40 minute walk away from campus

  • @rmacara
    @rmacara 8 місяців тому +1

    the situation will get worse if the Renters Reform Bill abolishes fixed annual tenancies. Students will leave properties after 9 months and then the landlord will be compelled to relet to non-students, forever removing student properties from the market. Rents therefore will increase as supply decreases.

  • @muratdagdelen8163
    @muratdagdelen8163 9 місяців тому +15

    Every university must offer free dorm room to each and every students. If necessary, they should build dorms...

    • @stevo728822
      @stevo728822 9 місяців тому +6

      Nothing is free. Someone has to pay for it. Maybe they should send you the bill.

    • @muratdagdelen8163
      @muratdagdelen8163 9 місяців тому

      @@stevo728822 and people who dont want to participate it should get a refund, but their children wont be able to stay at these dorms. Happy?

    • @tezzo55
      @tezzo55 9 місяців тому

      Should they indeed? And then, my little snow-white petal, who will pay for these 'free dorms'? I'm guessing it goanna be me, the TAX-Payer, yeah? And I'm guessing you don't yet pay TAX, right? Why should I pay for posh middle class kids to delay their working lives and have fun for three or four years? Once again you want the poor to buy the middle class their privileged position! No! GET A JOB!

    • @notmenotme614
      @notmenotme614 9 місяців тому

      @@stevo728822 How much profits are these universities making

  • @mark4lev
    @mark4lev 9 місяців тому +3

    Manchester uni ‘94-‘96, £32 a week rent 4 bed house

    • @bigvinny333
      @bigvinny333 9 місяців тому

      Staffs Poly 86-89 rent £14 per week sharing a plush 3 bed house in Stoke. The lowest I could have got was £10 per week in an end of terrace where the neighbouring has had been knocked down.

    • @bigvinny333
      @bigvinny333 9 місяців тому

      £14 in 1989 is equivalent to just under £45 in 2024 according to the "This is Money" historic inflation calculator !

    • @se48312
      @se48312 7 місяців тому

      so real man, giggsy was so good during those seasons, and roy keane wow what a player. Immense

  • @ollybell9765
    @ollybell9765 9 місяців тому +9

    This is so sad

    • @tezzo55
      @tezzo55 9 місяців тому

      Yeah, but that's students for ya!

  • @kingof1990
    @kingof1990 9 місяців тому +1

    this is great video piece. Also if I was a potential student looking into Durham. One look at this video would turn me right off of it. Inflation has gone up but it hasn't gone up so drastically high that landlords need to almost double the rent... they could increase rent by 11% and it would be just as profitable.

    • @tezzo55
      @tezzo55 9 місяців тому

      Where did you get these figures from (because they still smell of it) and have YOU ever sold something for LESS than you could get for it, to strangers whom you didn't know? Of course you haven't because that's not how human nature work and therefore that's not how the MARKET works, and there's an ECONOMICS lesson for you - FOR FREE! You're welcome!

  • @nancyhood8395
    @nancyhood8395 9 місяців тому +3

    A lesson of supply and demand,before you get to university

    • @HazzyWazzey
      @HazzyWazzey 9 місяців тому

      Along with the ghost of Maggy Thatch and her neo-liberal policies destroying the housing sector

  • @Rizzlez169
    @Rizzlez169 8 місяців тому +1

    Hew can’t they just move into the local villiges way cheaper than the center and they’ll be able to afford it seen as there all rich

  • @londonspade5896
    @londonspade5896 9 місяців тому +7

    They think it's bad now, just wait until you're done with school and have to deal with this and raising children too

    • @youtubeaccount6294
      @youtubeaccount6294 9 місяців тому +15

      One of the reasons no one wants children anymore

    • @loissmith7418
      @loissmith7418 9 місяців тому +9

      Thing is about student housing though is that the quality of the accommodation is far worse than in adult life if you can believe it. Landlords know students are young, poor and inexperienced so they won’t fight the bad conditions too hard. Black mould is extremely common.

    • @tezzo55
      @tezzo55 9 місяців тому +1

      @@loissmith7418 Then they can LEARN how to overcome these problems, after all they are meant to be students anyway, right?

    • @dw-yl3ln
      @dw-yl3ln 9 місяців тому

      ‘Raise children’ lol. Birth rate is low and only going to get lower.

  • @fedsmokersnotdead1847
    @fedsmokersnotdead1847 9 місяців тому +3

    How about all the student accommodation that has been given away to people fresh off the boat.

  • @robbieshaw2399
    @robbieshaw2399 8 місяців тому +1

    If you think its bad for students try being a local.

  • @PeacockRhino
    @PeacockRhino 8 місяців тому

    You’d be mad to move now between second and third year unless you absolutely have to. Better off signing a two year contract wherever you are in the UK.

  • @wezist
    @wezist 9 місяців тому

    I really dont think its that bad when you factor in that most of the utiltys are inclusive...
    If you want cheaper rent i suggest you look further away from Durham City and commute...

  • @greenbucky
    @greenbucky 9 місяців тому +1

    This is what happens when super rich tenants buy up all affordable housing to extort people who need them, i wonder if middle class students at Durham despise the tories or not?

  • @travelwell6049
    @travelwell6049 9 місяців тому +4

    I’m interested to know the cause or reason for this to happen in Durham. And why Oxford is heading that way.

    • @finnhagan7664
      @finnhagan7664 9 місяців тому +8

      @BestInTheWest-in1xx Did you miss the bit where the video showed the modal price bracket for student housing over the last 3 yrs, the bit where it was £140 pw 3 yrs ago and is £180+ pw now?! That's a 28.6% rise in rent over 3 yrs!
      The existing housing didn't disappear, the number of students didn't increase. The rents have risen higher than peoples wages so they can't afford the same houses people could afford in 2021. It's not rocket science.

    • @Marenqo
      @Marenqo 9 місяців тому

      @@finnhagan7664 wow, crazy rental prices! What do the locals feel about that, you know?

    • @fujohnson8667
      @fujohnson8667 9 місяців тому +1

      Too many people

    • @doghat1619
      @doghat1619 9 місяців тому +1

      @BestInTheWest-in1xxdemand hasn't doubled in 3 years. yes, there's more students now than there were 20 years ago, but prices are rising faster than students are increasing.

    • @doghat1619
      @doghat1619 9 місяців тому +1

      @@RyzanuStudent housing prices are rising exponentially faster than immigration, unless you believe the country's population increases by 30% every single year.

  • @edmills9160
    @edmills9160 8 місяців тому

    If landlords continue to lobby/donate to government to maintain the status quo and students just put up with it, the system won't change .

  • @TomARowly
    @TomARowly 9 місяців тому +5

    Just build more student accommodation blocks.

    • @stevo728822
      @stevo728822 9 місяців тому

      Who's paying?

    • @ThePonziScheme
      @ThePonziScheme 9 місяців тому

      @@stevo728822 Maybe Durham can with their £483.6 million budget this year?

    • @tezzo55
      @tezzo55 9 місяців тому

      @@ThePonziScheme Oh yeah, the budget they got from the TAX PAYER! From ME! Why should I, from the working class, subsidise posh kids extended holidays from working?

    • @ThePonziScheme
      @ThePonziScheme 9 місяців тому +3

      @@tezzo55 You're right lets line the pockets of greedy landlords instead👍 Donut

    • @tezzo55
      @tezzo55 9 місяців тому

      @@ThePonziSchemeNo need for rudeness, little fella, when we've got FACTS! Have YOU ever sold something to strangers (whom you don't know) for less than the market value?
      I'll wait!
      Best.

  • @Doomedcreatures
    @Doomedcreatures 9 місяців тому +10

    country is a mess. everyone aged 55 to 75 should be totally ashamed of themselves

    • @jgomo3877
      @jgomo3877 9 місяців тому

      It's not their fault; but rather it is the fault of a small subset of those "55- 75"; namely the traitorous politicans. The problems we have now are almost all the same problems people were suffering from 50 years ago.

    • @PieceMeals
      @PieceMeals 9 місяців тому

      They're not responsible for offering the right to buy and then failing to rebuild new social housing for subsequent generations. Blame successive governments who have turned home ownership into a game of Monopoly and sold off copious amounts of land in major cities to greedy developers who then install 100 unaffordable boxes on a small plot and force local people out. The knock on effect is that many southerners are cashing in and taking huge amounts to Northern cities like Manchester, changing the atmosphere and buying up the best properties in the nicer areas also tied to access to grammar schools.

    • @tezzo55
      @tezzo55 9 місяців тому

      Isn't that very AGEIST of you? You should be TOTALLY ashamed of yourself for blaming a whole group of people for your purely prejudicial reasons! So, ARE you ashamed? Of course you aren't, right? And neither am I. Now, why not run along and learn to cultivate a BRAIN as it appear you have nothing better to do!

    • @raimesey
      @raimesey 9 місяців тому +4

      No they shouldn’t. What a ridiculous thing to say!

    • @tezzo55
      @tezzo55 9 місяців тому

      So, I don't, but why do you think I should feel ashamed?

  • @Diddy1970AD
    @Diddy1970AD 8 місяців тому

    Unless you are exceptionally bright and are certain that a degree will be a springboard to future academic or professional success, I would seriously consider the value of attending a university to get a degree and the huge financial burden that comes with it. I wasn't clever enough to stay on to take A levels let alone go to university but I've done ok relying on hard work and common sense rather than a university education.

  • @melc900
    @melc900 9 місяців тому +2

    When I went to uni in Sheffield in 2016, my rent was 95pppw, all bills included, for comparison

    • @fantasypvp
      @fantasypvp 9 місяців тому

      A lot of the student accommodation in Birmingham is £80-120 so still not too bad
      Meanwhile London where even the cheap housing is £200 💀💀💀

  • @frmcf
    @frmcf 9 місяців тому +20

    I know it's a cultural thing, and that going away to uni is seen as a rite of passage for the British middle class, but maybe we'll have to normalise going to a local university and living with your parents a little bit longer. In many European countries this is a completely normal thing to do. In Spain, only about 15% of university students move away from their home town to study.

    • @mitchellbooth8435
      @mitchellbooth8435 9 місяців тому +11

      Cultural thing or not lets not miss the point. Affordable housing is affecting everyone regardless of stage or passage unless you own a house outright.

    • @goych
      @goych 9 місяців тому +11

      Boomer answer, stay with us we know best! Houses used to be cheap, they can be again, stop hoarding the housing boomers!

    • @kianhorton02
      @kianhorton02 9 місяців тому +9

      Universities differ in rankings and quality across the country. Why should someone be forced to go to a sub-par university at home when they are perfectly capable of going to a better one?

    • @RobPearson286
      @RobPearson286 9 місяців тому +10

      what a great way to further entrench the postcode lottery and the UK's geographic inequalities!

    • @Dongobog-ps9tz
      @Dongobog-ps9tz 9 місяців тому +10

      Great now we can have even less social mobility for people born in poor areas

  • @jameswingad3212
    @jameswingad3212 9 місяців тому +2

    Huge numbers of Durham students come from London. I notice they were never concerned about the price of accommodation there locking out northern students from huge swathes of the jobs market.

  • @Sarah-qo9bu
    @Sarah-qo9bu 8 місяців тому

    Universities should start doing online uni

  • @cybertrade7908
    @cybertrade7908 3 місяці тому

    Sounds like demand has exceeded demand! - who's fault is that then?

  • @trilingualfudge7307
    @trilingualfudge7307 9 місяців тому

    Holy shit that’s an insane amount of money!!

  • @LoveRolo24
    @LoveRolo24 9 місяців тому +1

    All houses go to immigrants 24billion spent when we should be looking after our own

  • @ohnoitisnt
    @ohnoitisnt 9 місяців тому +7

    To be honest if youre going to uni youre probably not the most financially adept so queueing up to overpay for overpriced housing doesnt surprise me

    • @dw-yl3ln
      @dw-yl3ln 9 місяців тому +11

      Ok boomer. What else could they have possibly done?

    • @ohnoitisnt
      @ohnoitisnt 9 місяців тому +3

      Leave school ASAP (points for not going in the first place) and get on the tools? There are alternatives to staying in the comfortable world of acedemia until youre a tenurred doctor in gender studies with 250k in debt and no idea how the world works.

    • @lanbroghini
      @lanbroghini 8 місяців тому +5

      What a great world we will all live in where the only career is handiwork and there are no doctors or scientists.

    • @ohnoitisnt
      @ohnoitisnt 8 місяців тому

      Team them up and theyll be vaccinating the climate@@lanbroghini

    • @se48312
      @se48312 7 місяців тому

      @@ohnoitisnt most people have aspirations and dreams, they want to do something with their lives!

  • @misty_mouse987
    @misty_mouse987 9 місяців тому

    @DamienTalksMoney was it this bad when you were at Durham University?

  • @Irraticdriving
    @Irraticdriving 8 місяців тому

    Seriously im sorry about youngsters and its unfair

  • @Tdr-jv2nc
    @Tdr-jv2nc 9 місяців тому +1

    A big issue is these waste of time degrees that most people seem to be doing. This issue is now almost un fixable

  • @Nousmourronsseuls
    @Nousmourronsseuls 9 місяців тому +9

    10 million (yes 10 million!) people live in this country who were not born here. This number is increasing every day. Enjoy the competition. If you are poor (like students) you will suffer. If you are rich, you may benefit from the mass of cheaper employees.

  • @graphdatascientist
    @graphdatascientist 9 місяців тому

    Durham is a global commercial centre

  • @christianround2774
    @christianround2774 9 місяців тому

    Wow was never that bad when I was there.

  • @mrwpg
    @mrwpg 9 місяців тому

    This is nothing new, Aberystwyth around 2014/15 had students sleep in cars...

  •  9 місяців тому

    oct 23rd and they only just starting term..?! blimey..

  • @richie7425
    @richie7425 9 місяців тому +1

    I would rent in the outside villages then travel in

    • @Rizzlez169
      @Rizzlez169 7 місяців тому +1

      Ik but the villiges are canny rough tho

    • @richie7425
      @richie7425 7 місяців тому +1

      @@Rizzlez169 Grew up in one, oh I know all too well. There are nice areas close. At least for 3rd year they can be perfect.

  • @goldstarsforall
    @goldstarsforall 8 місяців тому

    When students from Durham can no longer go to their local university...

  • @Vwguy-jf9vj
    @Vwguy-jf9vj 8 місяців тому

    £180 a week living anywhere is cheap.

  • @bloxyboy2739
    @bloxyboy2739 8 місяців тому

    Fuck me £200 a week? I pay £300+ per MONTH in belfast I really don’t know how good I got it… England is fucked

  • @MARTINA-gc3tq
    @MARTINA-gc3tq 9 місяців тому +1

    I just did a search on Rightmove in Durham. 0ver 100, 2 bed properties available for sale at or less than £100k. What shortage?

  • @Raad187KO
    @Raad187KO 4 місяці тому

    If there's mould, don't pay the rent, trust me, the landlords will come running to fix it

  • @I_like_YT_lots
    @I_like_YT_lots 9 місяців тому

    When rentals for normal working people are already low, it makes sense for student rentals to be like this. Tories had implemented policies to punish landlords for owning properties to rent out, period. You can't blame landlords for selling up when it costs them more to own properties than park their money in a bank or change their investment strategies.

  • @JuliusFawcett
    @JuliusFawcett 9 місяців тому

    maybe this will incentivise the youth to vote

    • @R53Hole
      @R53Hole 8 місяців тому

      or revolt

  • @stevo728822
    @stevo728822 9 місяців тому +4

    Durham is a small posh town(city) up north. Prime area for wealthy boomers to retire to. Newcastle and Sunderland are only a few miles away. Probably not posh enough for these students. I'm sure there's a bus.

  • @cryptorichierich1597
    @cryptorichierich1597 9 місяців тому

    All governments fault for changing property owner taxes.

  • @fujohnson8667
    @fujohnson8667 9 місяців тому +5

    Just too many people for such a small island!

    • @bigbarry8343
      @bigbarry8343 9 місяців тому

      Its not that. India is far more densely populated, yet the price of 2 bed flat in the vicinity of Hyderabad IT center costs just $10K to buy.

  • @annaval119
    @annaval119 8 місяців тому

    Maybe it's a sign that most of you guys shouldn't be there getting worthless degrees. But I tell you what's going to be: These kids will team up and rent shared houses and flats driving up prices even further up, while working families won't find a home (as none left), or won't be able to afford them.

    • @R53Hole
      @R53Hole 8 місяців тому

      Are there even any jobs up there?

  • @Marenqo
    @Marenqo 9 місяців тому +4

    Are there no other towns nearby?

    • @goych
      @goych 9 місяців тому +1

      Durham is tiny in the middle of nowhere

    • @Marenqo
      @Marenqo 9 місяців тому +2

      @@goych I thought its close to seaham, Darlington, Sunderland, Newcastle etc.?

    • @goych
      @goych 9 місяців тому

      @@Marenqo define close!

    • @Marenqo
      @Marenqo 9 місяців тому +1

      @@goych 15-20 mins by train or so, I would say is close, but thats based on average commute in the UK

    • @Marenqo
      @Marenqo 9 місяців тому

      Chester le street is probably even closer. Do many students live there?

  • @antnam4406
    @antnam4406 9 місяців тому

    Blackrock on their way.

  • @reformukisthefuture
    @reformukisthefuture 9 місяців тому +6

    The cause is far too manu takong up degrees in the last 25 years. Preparing them for the real world where they have navigate precarious jobs thta were lofe long careers foe genx backwards and the true cost of peivate rent fed by more than a million immigrants adding to the population every single year.

    • @Dongobog-ps9tz
      @Dongobog-ps9tz 9 місяців тому +4

      I don't normally complain about spelling errors but there's so many here it's hard to read what you're trying to say.

    • @davidc4408
      @davidc4408 9 місяців тому

      More than 25 years ago. Started from late 80's too many going

    • @reformukisthefuture
      @reformukisthefuture 9 місяців тому

      ​@@Dongobog-ps9tzyour degree didn't prepare you foe the real world. Did it.

    • @Dongobog-ps9tz
      @Dongobog-ps9tz 9 місяців тому

      @@reformukisthefutureI'm an engineer

    • @kw1ksh0t
      @kw1ksh0t 9 місяців тому

      At least they can actually type, you are illiterate

  • @sirianofmorley
    @sirianofmorley 9 місяців тому

    Interesting what happens when you 'eat the landlords' isnt it?

  • @michaelcorleone7598
    @michaelcorleone7598 9 місяців тому +1

    Stay longer in halls

    • @doghat1619
      @doghat1619 9 місяців тому +3

      Halls are designed to accommodate first years. If first years stay in halls in their second year, where will the new first years ago? Durham would have to double, maybe even triple the amount of halls they have.

    • @kathyg8535
      @kathyg8535 9 місяців тому

      They won’t let you stay after 1st year

  • @themonk_fish
    @themonk_fish 9 місяців тому +1

    University greed and avarice, foreign migrants and they’re family dependents take precedent in all facets of life best students learn that lesson early as the uniparty will not change anything.

  • @TC8787-yq7og
    @TC8787-yq7og 9 місяців тому

    A crumbling second world country, embarrassing

  • @jonathanbarnes7981
    @jonathanbarnes7981 9 місяців тому +7

    More immigrants less houses duuuuuhhhhhhh

    • @mrk1764
      @mrk1764 9 місяців тому +1

      Its Durham not London for immigration, its also the most restricted building due to its historic nature and town, but you can blame forign people

    • @jonathanbarnes7981
      @jonathanbarnes7981 9 місяців тому

      @mrk1764 ahhh I didn't realise immigrants just stayed in one place like a plant 🤣🤣🤣 also take pride in your history whilst you can for the new people don't appreciate your history as its not there history so don't pretend like they will appreciate it 🤣🤣🤣 also how do you feel about how your vote is worth less now that people who don't have your views or ethics who come from abroad are now able to out vote you tell me what's the adverage size family in your family.. 2 kids maybe 1 potentially 3 to 4 if you have been busy over the years as a youth ... now tell me how many kids do the foreign nationals have .... alot more than you have ... do alot of the 3rd world have the same views as you .. nope ... 🤣🤣🤣🤣 your fucking yourself over and your grandkids aswell never mind your grandkids grandkids 🤣🤣🤣 housing .. good luck for them 🤣🤣🤣 a meaningful vote ... pha if they are lucky 🤣🤣🤣 thew English you suck off have out voted your grandkids 6 to 1 🤣🤣🤣🤣

    • @georgefloyd4479
      @georgefloyd4479 9 місяців тому +5

      ​@@mrk1764 Durham's not seeing mass migration?

    • @bigbarry8343
      @bigbarry8343 9 місяців тому +1

      @@mrk1764 They increased non eu international students to 27%, so it might be a problem.

  • @charlesscottkelly
    @charlesscottkelly 8 місяців тому

    Nothing to do with mass immigration . Yea sure

  • @AUNEDJ
    @AUNEDJ 9 місяців тому +1

    For those with British passport ask your grandparents/parents for a personal loan secured on their properties to pay others for a rent. For those from outside just go to other Europe countries to learn and study because it is not worth to stay in the UK. Most from old generations are happy with their property/ies price going up but don't realise that this impacts their sons and grandsons. Welcome to another example of how greedy capitalism impact society.

    • @jameswingad3212
      @jameswingad3212 9 місяців тому

      Scarcity politics played with housing is not just a British issue. Germany has an unbelievably short supply and prices are far too high!

    • @fantasypvp
      @fantasypvp 9 місяців тому

      The UK has some of the best universities in the world, imo second only to the US simply due to the sheer number they have there so I'd argue it is worth studying here

    • @jameswingad3212
      @jameswingad3212 9 місяців тому

      @@fantasypvp I think it depends at what level you´re talking about. If you can get into one of the world-class institutions then it´s worth it. At the lower level it´s a lot of expense students could avoid.

    • @fantasypvp
      @fantasypvp 9 місяців тому

      @@jameswingad3212 yeah definitely but the point I was trying to make is that the UK has more world class institutions than almost any other country, if you look at the top 10 in the world, almost all of them are in the UK or US so it's definitely worth paying if you get in one of the really good ones

    • @jameswingad3212
      @jameswingad3212 9 місяців тому

      @@fantasypvp Oh easily. Look at the rest of Europe and they´re not even close

  • @tripcave420
    @tripcave420 9 місяців тому +2

    Guess these students are spending all their cash on Ketamine. 200 a week is easy lol.

    • @doghat1619
      @doghat1619 9 місяців тому +1

      Most university contracts at least 44 weeks of the year. So 200, per week, for 44 weeks is £8800, that maximum student maintenance loan for 2023/2024 is £9,978.
      That leaves them, just after paying RENT, with about £1200 for the year.
      1200/44 = £27 per week.
      Could you live on £27 a week to cover all your expenses outside of rent/utilities? That's your food bill, phone bill, transport, new clothes, any other expense you've got.

    • @notmenotme614
      @notmenotme614 9 місяців тому

      @@doghat1619 don’t students get a job?

  • @ninjaman1138
    @ninjaman1138 9 місяців тому

    its nice to see university students learning about something important for once, housing. £200 a week too expensive??? I cant wait to see their faces knowing there is a housing shortage when they leave the safety of uni!!!

  • @zcorpalpha2462
    @zcorpalpha2462 8 місяців тому

    Always Onlyfans Ladies ❤😂

  • @latorregolf
    @latorregolf 9 місяців тому

    Perhaps try something else besides following the herd into a useless degree and debt?

  • @davidc4408
    @davidc4408 9 місяців тому +4

    I made so much money from student housing. Bought 5 properties and students always cashflow them. Durham is a great market. Too many doing degrees and many would have a better career doing a trade.

    • @roising.3221
      @roising.3221 9 місяців тому

      Psychopath spotted

    • @Marenqo
      @Marenqo 9 місяців тому +15

      Given you parasite on them, why do you complain about students not doing a trade?

    • @davidc4408
      @davidc4408 9 місяців тому +3

      @@Marenqo because I can not find a trades man to do electrical and plumbing.

    • @Marenqo
      @Marenqo 9 місяців тому

      @@davidc4408 Do it yourself, then, or have you gone to university as well?

    • @bensumw
      @bensumw 9 місяців тому +11

      I suggest you become a tradesman. You can then fix your 5 properties yourself

  • @incurableromantic4006
    @incurableromantic4006 9 місяців тому

    I'm sure brining in 1.2 million people a year is having no effect on this crisis. . . . . . .

  • @tezzo55
    @tezzo55 9 місяців тому

    Wow, a real life lesson for students! If your rent is £200 a week but you only have weekly £100 to spend how will you acquire the rest of your money to pay your bills? I'm guessing the girls will work out the answer more quickly than the boys, as they are usually brighter on the uptake!

  • @tezzo55
    @tezzo55 9 місяців тому

    Those "students" goanna have to sell their butts to earn the rent, 'cause, "There ain't nothing going on butt the rent!"

  • @tonivaripati5951
    @tonivaripati5951 9 місяців тому

    Those rents are very cheap, I fail to see what the problem is. In most of London one single bed room is £300 plus!

    • @kiunthmo
      @kiunthmo 9 місяців тому +9

      Durham isn't London pal. Single bed also isn't the same as a shared house, or a shared student house. Theyre paying quite near London shared house prices.

    • @loissmith7418
      @loissmith7418 9 місяців тому +2

      You get paid more in London mate

    • @HazzyWazzey
      @HazzyWazzey 9 місяців тому +4

      Spoken like a true parasitic landlord

    • @R53Hole
      @R53Hole 8 місяців тому

      County Durham does not have jobs.

    • @tonivaripati5951
      @tonivaripati5951 8 місяців тому

      @@R53Hole but it's got Students!

  • @d4yl985
    @d4yl985 9 місяців тому

    Just get a job on the side…

    • @jgomo3877
      @jgomo3877 9 місяців тому +4

      You'd need 2.