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Student Housing Investors Big on Concessions, Giveaways This Year: Should You Join in?

Jun 14, 2021 by Aly J. Yale

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When residents are up for lease renewal, an expiring concession effectively raises rents and can result in sticker-shock for a renter. After all, a concession equal to one month free -- or about 8.7% off asking rent -- results in rents increasing by that same amount upon lease renewal. And additional pressure to achieve further rent growth in line with the market’s broader growth rate only exacerbates that burden for the renter.

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