[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Wednesday, 3 March, 2004, 10:42 GMT
Housing co-op plans for students
Scene from The Young Ones
The project aims to provide better quality housing
Students who are being priced out of the Manchester property market could soon be living in cheaper accommodation which they part-own and manage.

The city's universities hope to challenge private landlords by offering co-operatively-owned lodgings.

They have teamed up with the National Union of Students (NUS) and the Confederation of Co-operative Housing (CCH) to investigate the idea.

Average weekly student rents in the city are 68, while some pay up to 90.

Verity Coyle, from the NUS, said students were entitled to "safe, secure and affordable housing".

She added: "At the moment large numbers of students, outside halls of residence, can pay ridiculous rents and substantial deposits for often appallingly poor accommodation which offers few guarantees and little or no security of tenure.

Now we are prepared to take on the landlords - because we have found something that we know is going to work
Louise Yates, of Manchester Metropolitan University Students Union
"But a co-operative housing model would put students in control of their own accommodation - sharing long-term strategic responsibility as well as shorter-term property management."

Charlie Baker, of consultants URBED, said: "Student numbers are growing fast and housing provision is just not keeping up.

"It's a whole new co-operative area and it's realistic to expect that, within 25 years, 10% of student accommodation could be co-operatively owned benefiting nearly two million students throughout the country."

Louise Yates, of Manchester Metropolitan University Students Union, said average student rents in the city had risen from 38 to 68 a week in the past five years.

This coincided with the building of a number of new student accommodation blocks by private landlords as part of a government-backed private finance initiative.

Stephen Youd-Thomas, of Co-Operative Action which has funded the 32,000 study, said: "It's a completely new area that would demonstrate co-operative ethics and values, in a practical way, to generations of young people."


SEE ALSO:
Students march over park safety
28 Feb 04  |  Wales
Farmers asked to house students
28 Feb 04  |  Staffordshire
What students spend their money on
26 Jan 04  |  Education


RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


PRODUCTS AND SERVICES

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific