The article refers to the number of postings with rental housing still available on the UW off-campus housing listings, but that is not a good measure.

Listings could have been inflated by people who started listing accommodation with the double cohort last year.

The supply has grown over the past few years though. Depending on how much it has grown relative to demand can affect vacancy.

Here is some information from the Student Accommodation Study Discussion paper from last March.

Student Accommodation Study — Discussion Paper Ds04 - 16 March 03, 2004

In the last 5 years (1999-2003), Building Permits were issued to construct 1201 apartment units. However, only 655 were suitable for student accommodation.[...] Of the 655 apartment units suitable for students, 492 units were university residences[...] the remaining 163 units were in private market apartment buildings targeted at the student housing market. Most of these building permits have been issued in the last two years. (pg B-23 PDFpg 32 of 82)

There are approximately 621 new apartment units proposed for development in the City. [...] there are about 561 units that are likely to be developed in the next couple of years that would be suitable for student accommodation. The proposed 561 units translates into approximately 1,870 new beds. (pg B-24 PDFpg 33 of 82)

The number of licences granted in the last three years has increased probably as a result of a tight supply of student housing in 1999 and 2000 and in anticipation of the double cohort in 2003.In 2001, 101 licences were granted, in 2002, 138 licences were granted, and by September 2003, 88 licences had been granted. Nearly half of all licences granted in 2003 were in townhouse complexes. (pg B-26 PDFpg 35 of 82)

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¿Can you uws'ers look into this for me?

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