Oct 23, 2020

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Bethlehem considering ordinance that would limit student housing for the sake of neighborhoods

“We heard stories from neighborhoods that had previously housed only a handful of students, but where out of state buyers were going door-to-door hoping to buy entire lots of homes to demolish and build luxury student townhomes,” she said. “Since 2018, we have seen prices continue to rise with single family homes now selling for upwards of $300,000 or more to prospective student housing buyers, who will rent them out at up to $1,000 per bedroom.” […]Read full article >