School Days
September 9, 2005 | 6:46 a.m.
School’s starting and parents will soon hear their bright young undergrads complain about lousy dorms. While you can go into the typical “when I was your age” diatribe, there is another way: simply buy them an apartment. Not just for the overly privileged, many parents view buying an apartment in a college town or city as a wise investment, according to Forbes’ Sara Clemence. Digging through real estate data, she determines the best areas for appreciation near colleges (New York City ranks #4). While this seems like a win-win for both parents and children, there are those intangibles of on-campus life—lack of privacy, obnoxious roommates, and drunken freshman puking in the hallway—that would unfortunately be lost. -Michael Calderone
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- Real Estate |
- New York City |
- Sara Clemence |
- The Real Estate



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