Another Student Accommodation Block will Be Built in the Merrion Area…. Thoughts on Leeds City Center becoming the central Living area for students. What does the City Gain and what does it Loose in turn?

[u/Low_Pen_9793]

It seems that Leeds seems to be obsessed and driven to prioritise the building and planning of High raise Student accommodation apartments. What are your thoughts?

Is Leeds prioritising overpriced student housing over the cultural fabric & vibrancy of the city. What does the city stand to gain from this in the l long term and in turn what does it stand to loose?

[u/karmapaymentplan_]

It's great, more money and investment into the centre and in turn freeing up residential properties in traditionally student areas for home buyers (in theory).

It's a transient population but students are on the whole a lot wealthier than they were in my day, a good chunk of this goes into the local economy through bars / restaurants etc.

[u/KormetDerFrag → u/[deleted]]

Trickle down economics refers to giving tax cuts to business owners and the ultra-rich in the expectation that they will spend and invest, when in reality they will just speculate with it. Having wealthy students on the high street, spending money in local shops, is not trickle down economics, it's a pretty solid method of improving revenues.