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Max Miner
@mxmnr
Question for the serious economists, investors and financially savvy here about second order effects: What happens (if anything) to the housing market when the college “enrollment cliff” (5-15% drop in college-age population) hits the housing market in the next 2-10 years? My startup serves workforce and higher ed users, we’re also funded by higher ed — we spend a lot of time talking about this enrollment cliff and how it may put many mid-tier colleges out of business due to lack of student demand. I have to believe this translates into a drop in housing demand when these kids reach home-buying age, no? What happens to housing prices when there’s up to 15% fewer first time home buyers in play? Does it crater the market or are there enough millennials itching for a home to fill the gap? Reference links in comments
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Max Miner
@mxmnr
“The consensus view is that America will hit a peak of around 3.5 million high-school graduates sometime near 2025. After that, the college-going population is expected to shrink across the next five to 10 years by as many as 15 percentage points.” - The Chronicle Of Higher Education https://www.chronicle.com/article/colleges-were-already-bracing-for-an-enrollment-cliff-now-there-might-be-a-second-one?utm_source=perplexity https://thehill.com/changing-america/enrichment/education/4398533-college-enrollment-could-take-a-big-hit-in-2025-heres-why/?utm_source=perplexity https://www.insidehighered.com/news/admissions/traditional-age/2024/12/11/college-age-demographics-begin-steady-projected-decline
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