Given the rising rents in Philadelphia and the surrounding area, many students and parents are finding it more reasonable to buy a condo. Rents in the city are at $1300.00 to $1350.00 a month for a one bedroom unit.
Since students tend to be in the area for at least three years, they are good potential buyers. They are using their time in the city to advance their education and great an appreciated investment. Real Estate currently is a better investment than taking a chance in the stock market which has been under performing in the last few years.
There are many advantages to home ownership for students and their parents